Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Portugal
PRTCP010000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.60
Year-over-Year Change
385.71%
Date Range
1/1/1949 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Portugal measures the change in prices for food and non-alcoholic drink purchases. It is a key indicator of consumer inflation and cost of living 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 CPI for Food and Non-Alcoholic Beverages in Portugal is a subcomponent of the broader Consumer Price Index, which tracks price changes across a basket of consumer goods and services. This sector-specific index helps economists and policymakers understand inflationary pressures on household budgets.
Methodology
The data is collected through regular surveys of consumer prices at retail outlets across Portugal.
Historical Context
Central banks and government agencies use this index to inform monetary and fiscal policies aimed at price stability and consumer purchasing power.
Key Facts
- Portugal's CPI for Food and Non-Alcoholic Beverages uses a base year of 2015.
- This index accounts for about 17% of the total consumer price index basket.
- Prices are surveyed monthly from a sample of retail outlets across the country.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Food and Non-Alcoholic Beverages in Portugal measures the change in prices for food and non-alcoholic drink purchases by Portuguese consumers.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures on household budgets and consumer purchasing power, which is important for economic policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices at retail outlets across Portugal.
Q: How is this trend used in economic policy?
A: Central banks and government agencies use this index to inform monetary and fiscal policies aimed at price stability and consumer purchasing power.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical 1-2 month lag in data availability.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Portugal (PRTCP010000GYM), retrieved from FRED.