Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Romania
FOOD00ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
174.40
Year-over-Year Change
7.26%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food Including Alcohol and Tobacco measures the changes in prices of food, alcohol, and tobacco products in Romania over time. This metric is a key indicator of cost-of-living and consumer inflation trends.
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 Food Including Alcohol and Tobacco index is one of the main sub-components of the overall HICP, which is the primary measure of consumer inflation used across the European Union. Analysts and policymakers monitor this index to understand changes in household purchasing power and the pressures on consumer budgets.
Methodology
The data is collected through a national survey of consumer prices and calculated according to Eurostat's harmonized methodology.
Historical Context
Central banks and finance ministries use this index to inform monetary and fiscal policies aimed at price stability.
Key Facts
- Romania's HICP Food including Alcohol and Tobacco index has risen by over 20% since 2015.
- Food, alcohol, and tobacco account for nearly 30% of the total HICP basket in Romania.
- The EU requires member states to report harmonized consumer price indices monthly.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food Including Alcohol and Tobacco measures the changes in prices of food, alcohol, and tobacco products in Romania over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of cost-of-living and consumer inflation trends, which are important for understanding changes in household purchasing power and the pressures on consumer budgets.
Q: How is this data collected or calculated?
A: The data is collected through a national survey of consumer prices and calculated according to Eurostat's harmonized methodology.
Q: How is this trend used in economic policy?
A: Central banks and finance ministries use this index to inform monetary and fiscal policies aimed at price stability.
Q: Are there update delays or limitations?
A: The EU requires member states to report harmonized consumer price indices monthly, with minimal update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Romania (FOOD00ROM086NEST), retrieved from FRED.