Harmonized Index of Consumer Prices: Clothing for Romania
CP0310ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.34
Year-over-Year Change
6.05%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Clothing in Romania measures changes in the prices of clothing and footwear purchased by Romanian consumers. This key economic indicator helps track inflation and consumer spending patterns.
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 Clothing in Romania is a subcomponent of the overall HICP, which is the standard measure of consumer price inflation in the European Union. It provides crucial insights into Romanian consumer behavior and the state of the retail sector.
Methodology
The data is collected through a nationwide survey of prices across a representative basket of clothing and footwear items.
Historical Context
Policymakers at the European Central Bank and Romanian National Bank closely monitor the HICP for Clothing as an input to monetary policy decisions.
Key Facts
- The HICP for Clothing in Romania uses 2015 as the base year.
- Clothing and footwear account for approximately 5% of the total Romanian consumer basket.
- Prices are collected from a sample of 20,000 retail outlets across the country.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Clothing in Romania measures changes in the prices of clothing and footwear purchased by Romanian consumers.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Clothing is a crucial indicator of Romanian consumer spending patterns and inflationary pressures, providing valuable insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of prices across a representative basket of clothing and footwear items.
Q: How is this trend used in economic policy?
A: Policymakers at the European Central Bank and Romanian National Bank closely monitor the HICP for Clothing as an input to monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Clothing in Romania is published monthly with a typical delay of 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Clothing for Romania (CP0310ROM086NEST), retrieved from FRED.