Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Bulgaria
CP0118BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
176.36
Year-over-Year Change
9.97%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery in Bulgaria measures changes in the prices of these consumer goods over time. This index 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 Sugar, Jam, Honey, Chocolate and Confectionery in Bulgaria is part of the broader HICP index, which tracks the prices of a representative basket of consumer goods and services across the European Union. This specific index provides insights into price trends for a subset of food and beverage items.
Methodology
The data is collected through surveys of retail establishments and compiled by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and economists closely monitor HICP data to assess the overall rate of inflation and make informed decisions about monetary and fiscal policies.
Key Facts
- Bulgaria is a member of the European Union.
- The HICP is harmonized across EU member states.
- Chocolate and confectionery are important consumer goods in Bulgaria.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery in Bulgaria measures changes in the prices of these consumer goods over time.
Q: Why is this trend relevant for users or analysts?
A: This HICP index provides insights into inflation and consumer purchasing power for a subset of food and beverage items in Bulgaria, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor HICP data to assess the overall rate of inflation and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Bulgaria (CP0118BGM086NEST), retrieved from FRED.