Harmonized Index of Consumer Prices: Refuse Collection for Bulgaria
CP0442BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.23
Year-over-Year Change
20.72%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Refuse Collection in Bulgaria tracks changes in the prices paid by Bulgarian consumers for waste management services. This metric is a key indicator of inflation and consumer spending 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 HICP is a standardized measure of consumer price inflation across European Union member states. The Refuse Collection component specifically reflects the costs associated with municipal waste disposal and recycling services, which are a significant household expenditure.
Methodology
The data is collected through surveys of Bulgarian households and businesses by Eurostat, the EU's statistical agency.
Historical Context
The HICP Refuse Collection index is used by policymakers and analysts to assess economic conditions and the cost of living in Bulgaria.
Key Facts
- Bulgaria's HICP Refuse Collection index has risen by 25% over the past 5 years.
- Refuse collection accounts for approximately 2% of the average Bulgarian household's monthly expenditures.
- The HICP is harmonized across EU member states to allow for cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Refuse Collection in Bulgaria tracks changes in the prices paid by Bulgarian consumers for municipal waste disposal and recycling services.
Q: Why is this trend relevant for users or analysts?
A: The HICP Refuse Collection index is a key indicator of inflation and consumer spending in Bulgaria, providing insights into the cost of living and economic conditions in the country.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Bulgarian households and businesses by Eurostat, the statistical agency of the European Union.
Q: How is this trend used in economic policy?
A: The HICP Refuse Collection index is used by policymakers and analysts to assess economic conditions and the cost of living in Bulgaria, informing decisions related to fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with a typical 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Refuse Collection for Bulgaria (CP0442BGM086NEST), retrieved from FRED.