Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Hungary
HUNCPHPLA01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159.01
Year-over-Year Change
5.69%
Date Range
1/1/1996 - 3/1/2025
Summary
The Consumer Price Index (CPI) Excluding Energy, Food, Alcohol and Tobacco for Hungary measures changes in the prices of a broad basket of consumer goods and services, excluding volatile energy, food, alcohol and tobacco categories. This core inflation indicator is closely monitored by policymakers to assess underlying price pressures in the economy.
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 Excluding Energy, Food, Alcohol and Tobacco is a key economic indicator that provides insight into the overall rate of inflation in Hungary, excluding the impact of fluctuations in volatile price components. It represents a more stable measure of consumer price changes that is useful for analyzing trends and informing monetary policy decisions.
Methodology
The data is collected through a nationwide survey of consumer expenditures and prices.
Historical Context
This core inflation measure is widely used by the Hungarian National Bank and other economic analysts to gauge underlying price dynamics and guide policy responses.
Key Facts
- Hungary's core CPI excludes volatile food, energy, alcohol and tobacco prices.
- This index is a key indicator monitored by the Hungarian National Bank.
- Core inflation data helps policymakers assess underlying price pressures.
FAQs
Q: What does this economic trend measure?
A: The CPI Excluding Energy, Food, Alcohol and Tobacco for Hungary measures changes in the prices of a broad basket of consumer goods and services, excluding volatile categories.
Q: Why is this trend relevant for users or analysts?
A: This core inflation indicator provides insight into underlying price pressures in the Hungarian economy, which is useful for monetary policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: The Hungarian National Bank and other economic analysts use this core inflation measure to gauge underlying price dynamics and guide policy responses.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal delays, providing timely information for economic decision-making.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Hungary (HUNCPHPLA01IXOBM), retrieved from FRED.