Harmonized Index of Consumer Prices: Beer for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0213E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.20
Year-over-Year Change
2.00%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Beer in the European Economic Area (EEA) tracks price changes in the beer market, providing insights into consumer spending and inflationary pressures.
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 HICP for Beer is a key economic indicator that measures the monthly change in the prices paid by consumers for beer across the EEA. It is used by policymakers and analysts to assess the overall cost of living and inflationary trends within the EEA.
Methodology
This index is calculated based on a representative sample of beer prices collected from retail outlets across the EEA.
Historical Context
Trends in the HICP for Beer are closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.
Key Facts
- The EEA includes 30 countries.
- Beer is a major component of the consumer basket in many EEA countries.
- The HICP for Beer is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Beer measures the monthly change in the prices paid by consumers for beer across the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: Trends in the HICP for Beer provide important insights into consumer spending and inflationary pressures within the EEA, which is vital information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The HICP for Beer is calculated based on a representative sample of beer prices collected from retail outlets across the EEA.
Q: How is this trend used in economic policy?
A: Trends in the HICP for Beer are closely monitored by the European Central Bank and other institutions to inform monetary policy decisions within the EEA.
Q: Are there update delays or limitations?
A: The HICP for Beer is published monthly by Eurostat, with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Beer for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0213E3CCM086NEST), retrieved from FRED.