Harmonized Index of Consumer Prices: Beer for Estonia
CP0213EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169.19
Year-over-Year Change
3.85%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Beer in Estonia measures changes in the retail prices of beer products. This key indicator helps economists and policymakers track inflation and consumer spending trends in the Estonian 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 HICP for Beer in Estonia is a subcomponent of the broader Estonian HICP, which is the principal measure of consumer price inflation in the country. The beer HICP tracks price changes for a representative basket of beer products at the retail level and is a valuable gauge of consumer behavior and economic conditions.
Methodology
The data is collected through a nationwide survey of retailers and compiled by Eurostat, the statistical office of the European Union.
Historical Context
The Estonian HICP and its subindices, including beer, are closely monitored by the European Central Bank and national policymakers for insights into macroeconomic and monetary policy decisions.
Key Facts
- Beer accounts for approximately 1.7% of the Estonian HICP basket.
- Estonia's beer HICP has increased by 15.2% over the past 5 years.
- The Estonian beer market is dominated by a few major domestic and international brands.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Beer in Estonia measures changes in the retail prices of beer products in the country.
Q: Why is this trend relevant for users or analysts?
A: The beer HICP is a valuable indicator of consumer spending and inflationary pressures in the Estonian economy, providing insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retailers and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The Estonian HICP, including the beer subindex, is closely monitored by the European Central Bank and national policymakers for insights into macroeconomic and 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, and may be subject to occasional revisions.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Beer for Estonia (CP0213EEM086NEST), retrieved from FRED.