Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Hungary
HUNCPHP0200GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.30
Year-over-Year Change
29.27%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Hungary measures changes in the prices paid by consumers for these products. This metric is a key indicator of inflation and consumer spending patterns.
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 Hungary is part of the broader Harmonized Index of Consumer Prices (HICP), which tracks the average change in prices of consumer goods and services acquired by households. This index is widely used by policymakers and economists to assess the country's economic conditions.
Methodology
The data is collected through regular surveys of retail prices across a representative sample of goods and services.
Historical Context
Trends in this CPI component are closely monitored by the Hungarian National Bank and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Hungary's CPI for Alcoholic Beverages, Tobacco and Narcotics has a base year of 1999.
- This index is part of the broader Harmonized Index of Consumer Prices (HICP) for the country.
- The CPI measures price changes for a basket of consumer goods and services in Hungary.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Hungary measures the average change in prices paid by consumers for these products.
Q: Why is this trend relevant for users or analysts?
A: This CPI component is a key indicator of inflation and consumer spending patterns in Hungary, and is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail prices across a representative sample of goods and services.
Q: How is this trend used in economic policy?
A: Trends in this CPI component are used by the Hungarian National Bank and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, with potential lags or limitations depending on the source.
Related Trends
Stock Market Capitalization to GDP for Hungary
DDDM01HUA156NWDB
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Hungary
HUNCP040000GPM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Hungary
HUNCPHP0300IXOBM
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Hungary
NAEXKP04HUQ189S
Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for Hungary
LFWA25MAHUA647N
Consumer Price Index: All Items: Total for Hungary
CPALTT01HUA657N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Hungary (HUNCPHP0200GYM), retrieved from FRED.