Harmonized Index of Consumer Prices: Food for Croatia
CP0110HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.02
Year-over-Year Change
5.02%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food in Croatia measures the change in prices paid by Croatian consumers for a basket of food items. This metric is a key indicator of inflation and consumer purchasing power.
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 Food in Croatia is part of the broader Harmonized Index of Consumer Prices, which tracks the prices of a standardized basket of goods and services across European Union member states. The Food component provides insights into inflationary pressures and consumer behavior within Croatia's food market.
Methodology
The Croatian Bureau of Statistics collects price data from retailers to calculate the HICP for Food on a monthly basis.
Historical Context
Policymakers and analysts use this metric to assess the state of the Croatian economy and its alignment with EU inflation targets.
Key Facts
- Croatia joined the Eurozone in 2023.
- Food accounts for over 20% of the Croatian consumer price index.
- The HICP for Food in Croatia has risen by 15% since 2020.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food in Croatia measures the change in prices paid by Croatian consumers for a basket of food items.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Food is a key indicator of inflation and consumer purchasing power within Croatia's food market, providing insights for policymakers and analysts.
Q: How is this data collected or calculated?
A: The Croatian Bureau of Statistics collects price data from retailers to calculate the HICP for Food on a monthly basis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the state of the Croatian economy and its alignment with EU inflation targets.
Q: Are there update delays or limitations?
A: The HICP for Food in Croatia is published monthly with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food for Croatia (CP0110HRM086NEST), retrieved from FRED.