Harmonized Index of Consumer Prices: Alcoholic Beverages, Tobacco and Narcotics for Croatia
CP0200HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.18
Year-over-Year Change
4.53%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Alcoholic Beverages, Tobacco and Narcotics for Croatia tracks changes in the prices of these goods and services. This economic indicator is crucial 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
This index is part of the Harmonized Index of Consumer Prices (HICP), a set of inflation measures used across the European Union to assess price stability. The Alcoholic Beverages, Tobacco and Narcotics component provides insights into a specific basket of consumer goods and their price changes over time.
Methodology
The data is collected through surveys of retailers and service providers across Croatia.
Historical Context
Policymakers and analysts use this index to evaluate the overall cost of living and inflationary pressures within the Croatian economy.
Key Facts
- The index base year is 2015.
- Croatia joined the Eurozone in 2023.
- Alcoholic beverages make up the largest component of this index.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of alcoholic beverages, tobacco, and narcotics purchased by households in Croatia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into inflationary pressures and consumer spending patterns within a specific sector of the Croatian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Croatia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to evaluate the overall cost of living and inflationary pressures within the Croatian economy.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Alcoholic Beverages, Tobacco and Narcotics for Croatia (CP0200HRM086NEST), retrieved from FRED.