Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Estonia
ESTCP020000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
157.80
Year-over-Year Change
3.40%
Date Range
1/1/1998 - 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 goods and services over time.
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
This CPI trend represents the price changes for a basket of alcoholic beverages, tobacco products, and narcotics purchased by Estonian households. It is a key indicator used by policymakers and economists to track inflation and consumer spending patterns.
Methodology
The data is collected through regular price surveys of retailers and service providers across Estonia.
Historical Context
The CPI for this category is used to adjust wages, benefits, and other economic factors affected by the cost of living.
Key Facts
- Estonia's CPI for Alcoholic Beverages, Tobacco and Narcotics uses a 1999 base year.
- This index is part of the broader Estonian CPI, which covers over 12,000 goods and services.
- The CPI for this category is released monthly by Statistics Estonia.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices paid by Estonian consumers for alcoholic beverages, tobacco products, and narcotics.
Q: Why is this trend relevant for users or analysts?
A: This CPI trend is an important indicator of inflation and consumer spending patterns in Estonia, providing insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of retailers and service providers across Estonia.
Q: How is this trend used in economic policy?
A: The CPI for this category is used to adjust wages, benefits, and other economic factors affected by the cost of living in Estonia.
Q: Are there update delays or limitations?
A: The CPI for Alcoholic Beverages, Tobacco and Narcotics in Estonia is released 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 (ESTCP020000IXOBM), retrieved from FRED.