Harmonized Index of Consumer Prices: Oils and Fats for Bulgaria
CP0115BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170.38
Year-over-Year Change
11.01%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Oils and Fats for Bulgaria measures the price changes of edible oils and fats in the Bulgarian consumer market. This metric is a key indicator of inflationary trends 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation adopted by the European Union. The Oils and Fats subindex tracks the cost of common household cooking oils, spreads, and related products in Bulgaria's CPI basket.
Methodology
The data is collected through surveys of retail prices across a representative sample of goods and services in Bulgaria.
Historical Context
Policymakers and analysts monitor the HICP Oils and Fats index to gauge overall consumer price pressures and the health of the Bulgarian economy.
Key Facts
- Oils and fats account for about 2.4% of the Bulgarian CPI basket.
- The index has increased by 18.7% over the past year.
- Global supply chain disruptions have impacted domestic cooking oil prices.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Oils and Fats for Bulgaria measures the changes in retail prices of edible oils, fats, and related cooking products in the Bulgarian consumer market.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and consumer purchasing power in Bulgaria. Monitoring price changes in household staples like cooking oils provides important insights into broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail prices across a representative sample of goods and services in Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely follow the HICP Oils and Fats index to assess overall consumer price pressures and the health of the Bulgarian economy. It informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately two weeks. There may also be seasonal or one-time factors that impact the index's movement.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Oils and Fats for Bulgaria (CP0115BGM086NEST), retrieved from FRED.