Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Estonia
CP0122EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172.94
Year-over-Year Change
17.78%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Mineral Waters, Soft Drinks, Fruit and Vegetable Juices tracks price changes for these consumer goods in Estonia. It is a key measure of inflation and consumer purchasing power.
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 index used across European Union countries to monitor price stability. This specific index focuses on a basket of non-alcoholic beverage products, providing insights into an important component of household consumption and cost of living.
Methodology
The data is collected through surveys of retail establishments and calculated using a weighted average of price changes.
Historical Context
Policymakers and economists analyze HICP trends to assess inflationary pressures and inform monetary and fiscal policies.
Key Facts
- Estonia joined the Eurozone in 2011.
- Non-alcoholic beverages account for around 3% of the Estonian consumer price index.
- The HICP is calculated using a common methodology across EU member states.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices of mineral waters, soft drinks, fruit and vegetable juices in Estonia, as part of the Harmonized Index of Consumer Prices (HICP).
Q: Why is this trend relevant for users or analysts?
A: The HICP for non-alcoholic beverages provides insights into a key component of household consumption and cost of living, helping policymakers and economists assess inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated using a weighted average of price changes.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze HICP trends to inform monetary and fiscal policies aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around 2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Estonia (CP0122EEM086NEST), retrieved from FRED.