Harmonized Index of Consumer Prices: Beer for Austria
CP0213ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.85
Year-over-Year Change
0.80%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Beer in Austria measures changes in the retail prices of beer. This key economic indicator provides insights into consumer inflation and spending patterns within the Austrian beer market.
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 consumer price inflation across European Union countries. The Beer HICP for Austria specifically tracks price changes for beer purchased for consumption at home, offering economists and policymakers a detailed view of this important consumer expenditure category.
Methodology
The data is collected through surveys of retail establishments and calculated according to Eurostat's HICP methodology.
Historical Context
The Beer HICP is used to monitor inflationary trends and inform monetary policy decisions by the European Central Bank and Austrian government.
Key Facts
- Austria is one of the world's largest per capita consumers of beer.
- Beer accounts for approximately 1.5% of the total Austrian consumer price index basket.
- The Beer HICP has shown moderate annual increases of 2-3% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Beer in Austria measures changes in the retail prices of beer purchased for consumption at home.
Q: Why is this trend relevant for users or analysts?
A: The Beer HICP provides crucial insights into consumer inflation and spending patterns within the Austrian beer market, informing economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated according to Eurostat's standardized HICP methodology.
Q: How is this trend used in economic policy?
A: The Beer HICP is used by the European Central Bank and Austrian government to monitor inflationary trends and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Beer HICP data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Beer for Austria (CP0213ATM086NEST), retrieved from FRED.