Harmonized Index of Consumer Prices: Wine for Euro Area (19 Countries)
CP0212EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.50
Year-over-Year Change
0.27%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Wine in the Euro Area (19 countries) measures the changes in prices paid by consumers for wine over time. This key economic indicator helps policymakers and analysts assess inflationary pressures 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 Harmonized Index of Consumer Prices (HICP) for Wine tracks the prices of wine purchased by households in the Euro Area. It is an important gauge of consumer price inflation, a core concern for central banks and policymakers responsible for monitoring and stabilizing prices.
Methodology
The HICP for Wine is calculated by the Eurostat statistical agency based on a monthly survey of consumer prices.
Historical Context
Wine price inflation is closely watched by economists and markets as an input to monetary policy decisions.
Key Facts
- The Euro Area HICP for Wine has increased by 9% over the past 5 years.
- Wine accounts for approximately 1% of the total HICP basket in the Euro Area.
- The wine price index is an important input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Wine measures the changes in the prices paid by consumers for wine in the Euro Area (19 countries).
Q: Why is this trend relevant for users or analysts?
A: The HICP for Wine is a key indicator of consumer price inflation and consumer purchasing power, which are crucial factors considered by policymakers and analysts when assessing the state of the Euro Area economy.
Q: How is this data collected or calculated?
A: The HICP for Wine is calculated monthly by Eurostat based on a survey of consumer prices.
Q: How is this trend used in economic policy?
A: Wine price inflation, as measured by the HICP, is closely monitored by the European Central Bank and other policymakers as an input to monetary policy decisions aimed at maintaining price stability in the Euro Area.
Q: Are there update delays or limitations?
A: The HICP for Wine data is published monthly by Eurostat with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Wine for Euro Area (19 Countries) (CP0212EZ19M086NEST), retrieved from FRED.