Harmonized Index of Consumer Prices: Spirits for Hungary
CP0211HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.42
Year-over-Year Change
3.87%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Spirits in Hungary measures changes in the prices paid by Hungarian consumers for alcoholic spirits. This metric is a key indicator of 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across European Union countries. The Spirits component tracks price movements for distilled alcoholic beverages, providing insight into a major consumer spending category.
Methodology
The Hungarian Central Statistical Office collects price data from a representative sample of retailers to calculate the HICP Spirits index.
Historical Context
Policymakers and analysts use this HICP Spirits trend to assess overall consumer price inflation and spending in the Hungarian economy.
Key Facts
- Hungary HICP Spirits index base year is 2015 = 100.
- Spirits make up around 1.5% of the total Hungarian HICP basket.
- The HICP Spirits index has risen by 18% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Spirits in Hungary tracks changes in the prices paid by Hungarian consumers for distilled alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: The HICP Spirits index provides important insights into overall consumer price inflation and spending patterns in the Hungarian economy.
Q: How is this data collected or calculated?
A: The Hungarian Central Statistical Office collects representative price data from retailers to calculate the monthly HICP Spirits index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the HICP Spirits index to assess inflationary pressures and consumer spending behavior in Hungary.
Q: Are there update delays or limitations?
A: The HICP Spirits data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Spirits for Hungary (CP0211HUM086NEST), retrieved from FRED.