Harmonized Index of Consumer Prices: Overall Index Excluding Education, Health, and Social Protection for Slovakia
00XEDUSKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.19
Year-over-Year Change
4.54%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Education, Health, and Social Protection for Slovakia measures changes in the prices of consumer goods and services, excluding those sectors, to assess overall price inflation in the Slovak 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 HICP is a standardized measure of consumer price inflation across European Union countries, allowing for comparisons between nations. This specific index excludes some service sectors to provide a more narrow gauge of price pressures in Slovakia.
Methodology
The data is collected through surveys of consumer expenditures and prices by Eurostat, the EU's statistical agency.
Historical Context
Policymakers and economists use this HICP index to inform monetary and fiscal decisions.
Key Facts
- The index excludes education, health, and social protection services.
- Slovakia joined the Eurozone in 2009 and adopted the euro currency.
- The HICP is a key economic indicator for the European Central Bank.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of consumer goods and services in Slovakia, excluding the education, health, and social protection sectors.
Q: Why is this trend relevant for users or analysts?
A: The HICP Excluding Education, Health, and Social Protection provides a narrower gauge of price pressures in the Slovak economy, which is useful for policymakers and economists assessing inflation.
Q: How is this data collected or calculated?
A: The data is collected through consumer expenditure and price surveys conducted by Eurostat, the European Union's statistical agency.
Q: How is this trend used in economic policy?
A: Central banks and policymakers use this HICP index to monitor and inform decisions on monetary and fiscal policy in Slovakia and the broader Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with a lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Education, Health, and Social Protection for Slovakia (00XEDUSKM086NEST), retrieved from FRED.