Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Romania
EFOODUROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
168.29
Year-over-Year Change
6.96%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Romania measures changes in the prices of energy and unprocessed food products in Romania. This index is a key indicator of inflationary pressures in the Romanian 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of consumer price inflation across the European Union. The Energy and Unprocessed Food sub-index tracks price changes for these volatile components, which are important inputs for households and businesses.
Methodology
The data is collected through surveys of retail prices and calculated according to Eurostat's HICP methodology.
Historical Context
Policymakers at the National Bank of Romania and the European Central Bank use this index to monitor and manage inflation.
Key Facts
- Romania's HICP Energy and Unprocessed Food index has a base year of 2015.
- The index covers approximately 15% of the total Romanian consumer price basket.
- Prices for this index are updated and published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Romania measures changes in the retail prices of energy and unprocessed food products in the country.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures in the Romanian economy, as energy and unprocessed food are volatile components that can significantly impact household budgets and business costs.
Q: How is this data collected or calculated?
A: The data is collected through retail price surveys and calculated according to Eurostat's standardized Harmonized Index of Consumer Prices (HICP) methodology.
Q: How is this trend used in economic policy?
A: Policymakers at the National Bank of Romania and the European Central Bank use this index to monitor and manage inflation, informing monetary policy decisions.
Q: Are there update delays or limitations?
A: The Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Romania is updated and published monthly by Eurostat with minimal delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy and Unprocessed Food for Romania (EFOODUROM086NEST), retrieved from FRED.