Harmonized Index of Consumer Prices: Wine for Bulgaria
CP0212BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164.74
Year-over-Year Change
5.25%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for wine in Bulgaria measures the change in prices paid by consumers for wine products. This trend is a key indicator of inflation 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 wine in Bulgaria is a monthly index that tracks the prices of wine products as part of the overall consumer price index. It is used by economists and policymakers to assess changes in the cost of living and consumer spending patterns.
Methodology
The data is collected through a national survey of retail prices for a representative basket of wine products.
Historical Context
The HICP wine index is used to inform monetary policy decisions by the European Central Bank.
Key Facts
- Bulgaria's HICP wine index has a base year of 2015.
- Wine accounts for approximately 1.2% of the total Bulgarian consumer price index basket.
- The HICP wine index reached its highest level in July 2022.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for wine in Bulgaria measures the change in prices paid by consumers for wine products.
Q: Why is this trend relevant for users or analysts?
A: The HICP wine index is a key indicator of inflation and consumer purchasing power in the Bulgarian economy, used by economists and policymakers to assess changes in the cost of living.
Q: How is this data collected or calculated?
A: The data is collected through a national survey of retail prices for a representative basket of wine products.
Q: How is this trend used in economic policy?
A: The HICP wine index is used to inform monetary policy decisions by the European Central Bank.
Q: Are there update delays or limitations?
A: The HICP wine index is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Wine for Bulgaria (CP0212BGM086NEST), retrieved from FRED.