Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Estonia
CP0933EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165.79
Year-over-Year Change
3.20%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Estonia measures changes in the prices paid by Estonian consumers for these items. This index is a key indicator of inflation and consumer spending patterns.
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 comprehensive measure of consumer price inflation in the European Union. The Gardens, Plants and Flowers index specifically tracks the prices of these household and gardening items, providing insight into consumer behavior and economic conditions in Estonia.
Methodology
The data is collected through surveys of retailers and service providers across Estonia.
Historical Context
Policymakers and economists closely monitor HICP trends to inform decisions on monetary policy and economic management.
Key Facts
- Estonia joined the EU in 2004.
- The HICP is calculated using a common methodology across the EU.
- Gardens, plants and flowers make up a small but meaningful portion of Estonian household budgets.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Estonia measures changes in the prices paid by Estonian consumers for these household and gardening items.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into Estonian consumer behavior and inflation, which are key factors for policymakers and economists when analyzing the country's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Estonia.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor HICP trends to inform decisions on monetary policy and economic management in Estonia and the broader EU.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis with minimal delays, providing timely insight into Estonian consumer prices.
Related Trends
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Estonia
ESTCP050000IXNBM
Liquid Liabilities (Broad Money) for Estonia
DDOI07EEA648NWDB
Consumer Price Index: Harmonized Prices: All Items: Total for Estonia
ESTCPHPTT01IXEBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Estonia
ESTCP050000CTGYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Estonia
ESTCP040500GYQ
Harmonized Index of Consumer Prices: Electricity for Estonia
CP0451EEM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Estonia (CP0933EEM086NEST), retrieved from FRED.