Harmonized Index of Consumer Prices: Water Supply for Romania
CP0441ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198.08
Year-over-Year Change
10.96%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Water Supply for Romania measures the changes in the prices paid by Romanian consumers for water supply. This metric is closely watched by economists and policymakers to assess inflationary pressures and the overall cost of living in the country.
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 key economic indicator used to track and compare consumer price inflation across European Union member states. The Water Supply subindex specifically measures the price changes for water delivery and sewerage collection services in Romania.
Methodology
The data is collected through surveys of consumer expenditures and retail prices by Romania's National Institute of Statistics.
Historical Context
Trends in the HICP Water Supply index help inform monetary and fiscal policy decisions by the National Bank of Romania and the European Central Bank.
Key Facts
- Romania joined the European Union in 2007.
- Water supply accounts for about 2% of the Romanian HICP basket.
- HICP data is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Water Supply for Romania tracks the changes in prices paid by consumers for water delivery and sewerage services in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of inflationary pressures and the cost of living in Romania, which is closely monitored by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through consumer expenditure and retail price surveys conducted by Romania's National Institute of Statistics.
Q: How is this trend used in economic policy?
A: Trends in the HICP Water Supply index help inform monetary and fiscal policy decisions by the National Bank of Romania and the European Central Bank.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with no significant delays, providing timely insights into consumer price changes in Romania.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Water Supply for Romania (CP0441ROM086NEST), retrieved from FRED.