Harmonized Index of Consumer Prices: Fish and Seafood for Bulgaria
CP0113BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.09
Year-over-Year Change
5.15%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Fish and Seafood in Bulgaria measures the changes in retail prices of a basket of fish and seafood products over time. This index is a key indicator of inflationary pressures and consumer purchasing power in the Bulgarian 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 for Fish and Seafood is one of the many HICP subindices that make up the overall consumer price index in Bulgaria. It tracks the prices of a representative basket of common fish and seafood items purchased by Bulgarian households. This metric is widely used by policymakers, analysts, and the public to understand inflation trends and the cost of living.
Methodology
The data is collected through monthly surveys of retail establishments across Bulgaria.
Historical Context
The HICP for Fish and Seafood is a valuable input for the Bulgarian central bank and government in formulating monetary and fiscal policies.
Key Facts
- The base year for the HICP for Fish and Seafood in Bulgaria is 2015.
- Fish and seafood account for approximately 2% of the overall consumer price index basket in Bulgaria.
- Prices for fish and seafood in Bulgaria have risen by an average of 3.2% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Fish and Seafood in Bulgaria measures the changes in retail prices of a basket of fish and seafood products over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is widely used by policymakers, analysts, and the public to understand inflation trends and the cost of living in Bulgaria, particularly for an important consumer product category.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments across Bulgaria.
Q: How is this trend used in economic policy?
A: The HICP for Fish and Seafood is a valuable input for the Bulgarian central bank and government in formulating monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fish and Seafood for Bulgaria (CP0113BGM086NEST), retrieved from FRED.