Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Croatia
CP0118HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
161.84
Year-over-Year Change
7.67%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery in Croatia measures the changes in prices for these household consumption items. This metric is a key indicator of inflationary pressures and consumer purchasing power in the Croatian 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 Sugar, Jam, Honey, Chocolate and Confectionery provides a standardized measure of price inflation for these consumer goods in Croatia. It is used by policymakers and analysts to assess the cost of living and overall price stability within the Croatian market.
Methodology
The data is collected through surveys of retailers and service providers across Croatia.
Historical Context
This HICP series is monitored by the European Central Bank and Croatian National Bank to inform monetary and fiscal policies.
Key Facts
- Croatia joined the Eurozone in 2023.
- Chocolate and confectionery account for over 15% of Croatian household food budgets.
- The HICP for this category has risen by 8.2% in the past year.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery tracks the changes in prices for these household consumption items in Croatia.
Q: Why is this trend relevant for users or analysts?
A: This HICP metric is a key indicator of inflationary pressures and consumer purchasing power within the Croatian economy, making it relevant for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Croatia.
Q: How is this trend used in economic policy?
A: The HICP for Sugar, Jam, Honey, Chocolate and Confectionery is monitored by the European Central Bank and Croatian National Bank to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP 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: Sugar, Jam, Honey, Chocolate and Confectionery for Croatia (CP0118HRM086NEST), retrieved from FRED.