Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Czech Republic
CP0122CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.20
Year-over-Year Change
0.71%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Mineral Waters, Soft Drinks, Fruit and Vegetable Juices measures price changes in these non-alcoholic beverage categories in the Czech Republic. This important economic indicator helps track consumer price inflation.
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 HICP is a standardized measure of consumer price inflation used across the European Union. The Mineral Waters, Soft Drinks, Fruit and Vegetable Juices HICP subset focuses on changes in prices for these specific non-alcoholic beverages in the Czech consumer market.
Methodology
The data is collected through surveys of retail outlets and calculated using a weighted average of price changes.
Historical Context
This HICP trend is closely monitored by policymakers, economists, and market analysts to assess overall consumer price dynamics.
Key Facts
- The HICP is a key measure of inflation used by the European Central Bank.
- Soft drinks and juices make up a significant portion of the average Czech consumer's household expenditures.
- The Mineral Waters, Soft Drinks, Fruit and Vegetable Juices HICP has been tracked since 1996.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Mineral Waters, Soft Drinks, Fruit and Vegetable Juices measures changes in the prices of these non-alcoholic beverage products for consumers in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This HICP trend is an important indicator of consumer price inflation in the Czech Republic, providing insight into overall economic conditions and the purchasing power of households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail outlets and calculated using a weighted average of price changes for the specified non-alcoholic beverage categories.
Q: How is this trend used in economic policy?
A: The Mineral Waters, Soft Drinks, Fruit and Vegetable Juices HICP is closely monitored by Czech policymakers and the European Central Bank to assess consumer price dynamics and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the release of the latest HICP data. The index may also be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Czech Republic (CP0122CZM086NEST), retrieved from FRED.