Harmonized Index of Consumer Prices: Solid Fuels for Bulgaria
CP0454BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
200.82
Year-over-Year Change
-2.66%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Solid Fuels for Bulgaria measures the changes in the retail prices of solid fuels, such as coal and wood, paid by Bulgarian consumers. This metric is a key indicator of inflationary pressures and the 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 standardized measure of inflation across European Union member states. The Solid Fuels component tracks the prices of various solid heating fuels, providing insight into energy costs for Bulgarian households.
Methodology
The data is collected through surveys of retailers and service providers across Bulgaria.
Historical Context
This index is used by policymakers, analysts, and consumers to understand broader inflation trends and the affordability of essential goods.
Key Facts
- The base year for the Solid Fuels HICP is 2015.
- Solid fuels account for approximately 2.5% of the total Bulgarian consumer price index.
- Prices of solid fuels in Bulgaria have risen by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Solid Fuels for Bulgaria measures the changes in retail prices of solid heating fuels, such as coal and wood, paid by Bulgarian consumers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into energy costs and inflationary pressures faced by Bulgarian households, which is crucial information for policymakers, economists, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and consumers use this index to understand broader inflation trends and the affordability of essential goods, which informs economic policies and household budgeting decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately two weeks, providing timely information on price changes.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Solid Fuels for Bulgaria (CP0454BGM086NEST), retrieved from FRED.