Harmonized Index of Consumer Prices: All-Items HICP for Bulgaria
CP0000BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.44
Year-over-Year Change
3.13%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for All-Items in Bulgaria tracks the average change in prices paid by consumers for a basket of goods and services. It serves as a key economic indicator for policymakers monitoring inflation.
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 for Bulgaria is a comprehensive measure of consumer price inflation, covering a wide range of household expenditures. It is harmonized across EU member states to enable cross-country comparisons and analysis of price trends.
Methodology
The data is collected through surveys of consumer purchases and calculated using a chained Laspeyres formula.
Historical Context
The HICP is a critical input for the European Central Bank's monetary policy decisions.
Key Facts
- The HICP for Bulgaria uses 2015 as the base year.
- It covers about 1,000 consumer goods and services.
- Bulgaria joined the EU in 2007 and adopted the HICP methodology.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for All-Items in Bulgaria measures the average change in prices paid by consumers for a basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The HICP is a key indicator of inflation, which is closely monitored by policymakers, businesses, and consumers to understand changes in the cost of living and make informed economic decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated using a chained Laspeyres formula.
Q: How is this trend used in economic policy?
A: The HICP is a critical input for the European Central Bank's monetary policy decisions, as it helps assess price stability and guide interest rate adjustments.
Q: Are there update delays or limitations?
A: The HICP data for Bulgaria is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All-Items HICP for Bulgaria (CP0000BGM086NEST), retrieved from FRED.