Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Luxembourg
CP0122LUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.92
Year-over-Year Change
-3.12%
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 in Luxembourg tracks changes in the prices of these consumer goods. It is a key economic indicator for monitoring inflation and consumer spending patterns.
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 across European Union countries. The mineral waters, soft drinks, fruit and vegetable juices index is one component that provides insights into the price dynamics of these popular beverages and juices within the Luxembourg market.
Methodology
The data is collected through surveys of retailers and service providers and calculated according to Eurostat's HICP methodology.
Historical Context
Policymakers and analysts use this HICP component to assess inflationary pressures and consumer behavior within the Luxembourg economy.
Key Facts
- Luxembourg's HICP for mineral waters, soft drinks, and juices has a base year of 2015.
- Prices in this index are harmonized across the EU to allow for cross-country comparisons.
- Soft drink prices are a significant component of this HICP category in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in consumer prices for mineral waters, soft drinks, fruit and vegetable juices in Luxembourg as part of the Harmonized Index of Consumer Prices (HICP).
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides valuable insights into inflationary pressures and consumer spending patterns for these popular beverage categories within the Luxembourg market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers and calculated according to Eurostat's standardized HICP methodology.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP index to assess inflationary dynamics and consumer behavior within the Luxembourg economy.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting compared to real-time price changes, and the index is limited to the defined basket of mineral waters, soft drinks, and juices.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Luxembourg (CP0122LUM086NEST), retrieved from FRED.