Harmonized Index of Consumer Prices: Energy and Seasonal Food for Romania
ENRGYSROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170.49
Year-over-Year Change
7.65%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Energy and Seasonal Food for Romania measures the changes in consumer prices for energy and seasonal food items in Romania. This metric is closely watched by economists and policymakers to assess inflationary pressures and the overall cost of living.
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 inflation used across the European Union. The Energy and Seasonal Food component specifically tracks price changes for energy and seasonal food products, providing insights into two key drivers of consumer price inflation in Romania.
Methodology
The data is collected by Romania's National Institute of Statistics through a nationwide survey of consumer prices.
Historical Context
This index is used by the European Central Bank and Romanian policymakers to inform monetary policy decisions and economic forecasting.
Key Facts
- Romania's HICP Energy and Seasonal Food index has a base year of 2015.
- This index accounts for approximately 15% of Romania's overall consumer price basket.
- The index reached its highest level in December 2021 at 143.9.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Energy and Seasonal Food for Romania measures changes in consumer prices for energy and seasonal food items in the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into two key drivers of consumer price inflation in Romania, which is closely monitored by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected by Romania's National Institute of Statistics through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: The Energy and Seasonal Food HICP is used by the European Central Bank and Romanian policymakers to inform monetary policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The index is published monthly with a relatively short delay, providing timely insights into inflationary pressures in Romania.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy and Seasonal Food for Romania (ENRGYSROM086NEST), retrieved from FRED.