Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Portugal
FOOD00PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.88
Year-over-Year Change
2.85%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food including Alcohol and Tobacco in Portugal measures changes in the prices of food, alcohol, and tobacco products consumed by Portuguese households.
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 key economic indicator used to track inflation in the Eurozone. The Food HICP for Portugal provides insight into price trends for a crucial component of consumer spending and household budgets.
Methodology
The data is collected by Portugal's National Statistics Institute through monthly surveys of consumer prices.
Historical Context
Policymakers and analysts closely monitor the Food HICP to assess cost-of-living pressures and guide fiscal and monetary policy decisions.
Key Facts
- The HICP is a standardized inflation measure used across the Eurozone.
- Food and related products account for over 20% of the Portuguese consumer basket.
- Tracking the Food HICP helps identify pressures on household budgets.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food including Alcohol and Tobacco in Portugal tracks changes in the prices of food, alcohol, and tobacco products.
Q: Why is this trend relevant for users or analysts?
A: The Food HICP is a key indicator of inflation and cost-of-living pressures, providing important insights for policymakers and consumers.
Q: How is this data collected or calculated?
A: The data is collected monthly by Portugal's National Statistics Institute through surveys of consumer prices.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor the Food HICP to assess inflationary pressures and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Food HICP data is published monthly with a short delay, providing timely information on price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Portugal (FOOD00PTM086NEST), retrieved from FRED.