Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Portugal
PRTCP020000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.01
Year-over-Year Change
-104.62%
Date Range
1/1/2010 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Portugal measures changes in the prices paid by consumers for these goods and services. This metric is a key indicator of inflationary pressures in the Portuguese 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 for Alcoholic Beverages, Tobacco and Narcotics is a subcomponent of the broader Consumer Price Index (CPI) and Harmonized Index of Consumer Prices (HICP) for Portugal. It tracks the average change over time in the prices paid by consumers for a fixed basket of these products and services.
Methodology
The data is collected through a survey of retail establishments and then aggregated to calculate the index.
Historical Context
Policymakers and analysts use this CPI component to assess inflationary trends and cost-of-living changes in Portugal.
Key Facts
- Portugal's CPI for Alcoholic Beverages, Tobacco and Narcotics has a base year of 2015.
- This index is published monthly by the Portuguese National Statistics Institute.
- Alcoholic beverages, tobacco, and narcotics account for about 5% of the total Portuguese CPI basket.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Alcoholic Beverages, Tobacco and Narcotics in Portugal measures changes in the prices paid by consumers for these goods and services.
Q: Why is this trend relevant for users or analysts?
A: This CPI component is a key indicator of inflationary pressures in the Portuguese economy, providing insight into cost-of-living changes for these consumer products.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail establishments and then aggregated to calculate the index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI component to assess inflationary trends and cost-of-living changes in Portugal, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI for Alcoholic Beverages, Tobacco and Narcotics in Portugal is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Portugal (PRTCP020000CTGYM), retrieved from FRED.