Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Austria
CP0933ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.21
Year-over-Year Change
2.05%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Austria measures changes in the prices paid by consumers for these items over time. This economic indicator provides insights into consumer spending and inflationary pressures within the Austrian 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 HICP is a standardized measure of consumer price inflation across European Union countries, allowing for international comparisons. The Gardens, Plants and Flowers index specifically tracks price changes for these household and gardening goods, which are an important component of overall consumer expenditures.
Methodology
The data is collected through surveys of consumer prices from a representative sample of retail outlets in Austria.
Historical Context
Policymakers and analysts use this HICP sub-index to assess trends in Austrian household spending and cost-of-living pressures.
Key Facts
- The base year for the Austrian HICP is 2015 = 100.
- Prices are measured monthly and published with a lag of around 2 weeks.
- Gardens, Plants and Flowers account for about 0.7% of the total Austrian consumer basket.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices paid by Austrian consumers for gardens, plants, and flowers over time as part of the broader Harmonized Index of Consumer Prices (HICP).
Q: Why is this trend relevant for users or analysts?
A: This HICP sub-index provides insights into household spending patterns and inflationary pressures within the Austrian economy, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices from a representative sample of retail outlets in Austria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP sub-index to assess trends in Austrian household spending and cost-of-living pressures, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: Prices are measured monthly and published with a lag of around 2 weeks. The data may not fully capture all regional or seasonal variations in consumer prices.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Austria (CP0933ATM086NEST), retrieved from FRED.