Harmonized Index of Consumer Prices: Beer for Czech Republic
CP0213CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.60
Year-over-Year Change
-0.91%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Beer in the Czech Republic tracks the average price changes of beer purchases by Czech households over time. This metric is a key indicator of consumer price inflation within the Czech economy.
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 member states, providing a reliable basis for international comparisons. The beer component specifically reflects price changes in a commonly consumed consumer good, offering insights into broader inflationary pressures.
Methodology
The data is collected through surveys of retailers and service providers across the Czech Republic.
Historical Context
Policymakers and analysts use this metric to assess the overall state of the Czech consumer economy and make informed decisions.
Key Facts
- Beer accounts for approximately 1.7% of the Czech consumer price index basket.
- Prices for beer in the Czech Republic have risen by an average of 2.3% annually over the past decade.
- The Czech Republic has one of the highest per capita beer consumption rates in the world.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Beer in the Czech Republic tracks the average price changes of beer purchases by Czech households over time.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into broader inflationary pressures within the Czech consumer economy, which is useful for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across the Czech Republic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the overall state of the Czech consumer economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 week lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Beer for Czech Republic (CP0213CZM086NEST), retrieved from FRED.