Harmonized Index of Consumer Prices: Non-Durable Household Goods for Portugal
CP0561PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.21
Year-over-Year Change
-2.09%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Non-Durable Household Goods in Portugal measures price changes for daily-use products in Portuguese households.
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 is a standardized measure of inflation used across the European Union to track changes in the prices of consumer goods and services. The Non-Durable Household Goods component specifically monitors prices for frequently purchased household items like cleaning supplies, personal care products, and other non-durable goods.
Methodology
Data is collected through surveys of consumers and businesses.
Historical Context
Policymakers use the HICP to assess the state of the Portuguese economy and cost of living.
Key Facts
- The HICP is the primary inflation measure used by the European Central Bank.
- Portugal's HICP for Non-Durable Household Goods has a base year of 2015.
- This index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Non-Durable Household Goods in Portugal tracks price changes for frequently purchased household items like cleaning supplies and personal care products.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insight into the cost of living and inflationary pressures facing Portuguese consumers and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses across Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the HICP to assess the state of the Portuguese economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with minimal delays, providing timely insight into price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Durable Household Goods for Portugal (CP0561PTM086NEST), retrieved from FRED.