Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia
ESTCP020000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.40
Year-over-Year Change
-51.74%
Date Range
1/1/1999 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Estonia measures changes in the prices paid by consumers for these products over time. This index is a key indicator of inflationary pressures and household purchasing power.
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 CPI for Alcoholic Beverages, Tobacco and Narcotics in Estonia is a subcomponent of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. This specific index is used by economists and policymakers to monitor inflation in the alcohol, tobacco, and narcotics market.
Methodology
The data is collected through regular surveys of consumer prices by the Statistical Office of Estonia.
Historical Context
Trends in this CPI subindex can inform policy decisions related to taxation, regulation, and consumer protection in these markets.
Key Facts
- Estonia's CPI for Alcoholic Beverages, Tobacco and Narcotics has a base year of 2015.
- This index is published monthly by the Statistical Office of Estonia.
- Prices of these products can have significant impacts on household budgets and consumer behavior.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Estonia measures the average change in prices paid by consumers for these products over time.
Q: Why is this trend relevant for users or analysts?
A: This CPI subindex is an important indicator of inflationary pressures and household purchasing power in the alcohol, tobacco, and narcotics markets, which can inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer price surveys by the Statistical Office of Estonia.
Q: How is this trend used in economic policy?
A: Trends in this CPI subindex can inform policy decisions related to taxation, regulation, and consumer protection in the alcohol, tobacco, and narcotics markets.
Q: Are there update delays or limitations?
A: The CPI for Alcoholic Beverages, Tobacco and Narcotics in Estonia is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia (ESTCP020000GYM), retrieved from FRED.