Harmonized Index of Consumer Prices: All-Items HICP for Czech Republic
CP0000CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.80
Year-over-Year Change
2.77%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for the Czech Republic measures the overall change in consumer prices for all items in the country. It is a key economic indicator used to monitor inflation and guide monetary policy decisions.
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 the Czech Republic is a comprehensive measure of consumer price inflation. It tracks the prices of a broad basket of goods and services purchased by households, providing a reliable gauge of the country's overall price levels and cost of living.
Methodology
The data is collected through surveys of retailers and service providers across the Czech Republic.
Historical Context
Policymakers and analysts closely monitor the HICP to assess the effectiveness of monetary policy and make informed decisions to maintain price stability.
Key Facts
- The HICP for the Czech Republic has a base year of 2015 = 100.
- The index is published monthly by the Czech Statistical Office.
- Inflation, as measured by the HICP, is a key target for the Czech National Bank's monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for the Czech Republic measures the overall change in consumer prices for a comprehensive basket of goods and services purchased by households in the country.
Q: Why is this trend relevant for users or analysts?
A: The HICP is a crucial indicator for monitoring inflation and guiding monetary policy decisions in the Czech Republic. It provides a reliable gauge of the country's overall cost of living and price levels.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across the Czech Republic.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the HICP to assess the effectiveness of monetary policy and make informed decisions to maintain price stability in the Czech Republic.
Q: Are there update delays or limitations?
A: The HICP for the Czech Republic is published monthly by the Czech Statistical Office, with minimal delays in data availability.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All-Items HICP for Czech Republic (CP0000CZM086NEST), retrieved from FRED.