Harmonized Index of Consumer Prices: Beer for European Union
CP0213EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.60
Year-over-Year Change
1.97%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Beer in the European Union measures the monthly price changes of beer purchased by consumers. It is a key indicator of inflation 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) is a standardized measure of consumer price inflation across European Union countries. The beer subindex tracks price changes for this specific consumer product, providing insight into cost-of-living dynamics.
Methodology
The HICP data is collected through surveys of consumer expenditures and prices.
Historical Context
Policymakers and analysts use the beer HICP to understand broader consumer trends and evaluate monetary policies.
Key Facts
- The beer HICP is reported monthly by Eurostat.
- Beer accounts for over 2% of the total EU consumer price index.
- Prices are harmonized across the 27 EU member states.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Beer in the European Union measures the monthly price changes of beer purchased by consumers.
Q: Why is this trend relevant for users or analysts?
A: The beer HICP provides insight into broader consumer price dynamics and inflation, which are critical factors for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the beer HICP to understand consumer trends and evaluate monetary policies in the European Union.
Q: Are there update delays or limitations?
A: The beer HICP is reported monthly by Eurostat with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Beer for European Union (CP0213EUCCM086NEST), retrieved from FRED.