Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Bulgaria
00XEFDBGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.44
Year-over-Year Change
2.07%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Energy, Food, Alcohol, and Tobacco for Bulgaria measures changes in the prices of a basket of consumer goods and services, excluding volatile components. This core inflation measure is a key economic indicator used by policymakers to gauge underlying price pressures.
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 Excluding Energy, Food, Alcohol, and Tobacco for Bulgaria is a subindex of the broader HICP that removes the most volatile price components. It provides a more stable and representative picture of inflationary trends in the Bulgarian economy, which is useful for policy analysis and forecasting.
Methodology
The data is collected by Bulgaria's National Statistical Institute through a survey of prices across a representative sample of goods and services.
Historical Context
This core inflation measure is closely monitored by the Bulgarian National Bank and the European Central Bank to inform monetary policy decisions.
Key Facts
- The HICP Excluding Energy, Food, Alcohol, and Tobacco accounts for about 70% of the total HICP basket in Bulgaria.
- This core inflation measure has averaged around 2.5% per year over the past decade in Bulgaria.
- The Bulgarian National Bank uses the HICP Excluding Energy, Food, Alcohol, and Tobacco as a key input for its monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Energy, Food, Alcohol, and Tobacco for Bulgaria measures changes in the prices of a basket of consumer goods and services, excluding the most volatile components.
Q: Why is this trend relevant for users or analysts?
A: This core inflation measure provides a more stable and representative picture of underlying price pressures in the Bulgarian economy, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected by Bulgaria's National Statistical Institute through a survey of prices across a representative sample of goods and services.
Q: How is this trend used in economic policy?
A: The HICP Excluding Energy, Food, Alcohol, and Tobacco for Bulgaria is closely monitored by the Bulgarian National Bank and the European Central Bank to inform their monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around 2-3 weeks, providing timely information on core inflationary pressures in Bulgaria.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Bulgaria (00XEFDBGM086NEST), retrieved from FRED.