Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Estonia
CP0121EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
195.15
Year-over-Year Change
30.59%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Coffee, Tea and Cocoa in Estonia measures the price changes of these consumer goods over time. This metric is a key indicator of inflationary trends in the Estonian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The Coffee, Tea and Cocoa sub-index tracks price changes for these specific food and beverage items in the Estonian consumer basket.
Methodology
The data is collected through regular price surveys of a representative sample of retail outlets in Estonia.
Historical Context
Policymakers and economists monitor this HICP sub-index to assess cost-of-living pressures and underlying inflation in the Estonian market.
Key Facts
- Estonia joined the Eurozone in 2011.
- Coffee, tea and cocoa account for about 1.3% of the Estonian consumer basket.
- The HICP is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Coffee, Tea and Cocoa in Estonia measures the price changes over time for these specific food and beverage items in the Estonian consumer basket.
Q: Why is this trend relevant for users or analysts?
A: This HICP sub-index is a key indicator of inflationary pressures in the Estonian economy, providing insights into the cost-of-living and consumer spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a representative sample of retail outlets in Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this HICP sub-index to assess cost-of-living pressures and underlying inflation in the Estonian market, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with minimal delays, providing timely insights into Estonian consumer price trends.
Related Trends
Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Estonia
LRIN64TTEEQ156S
Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Estonia
ESTPREND401IXEBSAM
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for Estonia
LREM24FEEEQ156S
Lerner Index in Banking Market for Estonia
DDOI04EEA066NWDB
Nominal Imports of Goods and Services for Estonia
NMSAXDCESQ
Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for Estonia
LFEM55MAEEA647N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Estonia (CP0121EEM086NEST), retrieved from FRED.