Harmonized Index of Consumer Prices: Heat Energy for Croatia
CP0455HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.40
Year-over-Year Change
9.88%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Heat Energy for Croatia tracks the price changes of heat energy for residential consumers in Croatia. This metric is a key indicator of inflation and energy costs for policymakers and analysts.
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 comprehensive measure of consumer price inflation in the European Union. The Heat Energy for Croatia series specifically monitors the price trends of residential heating, an important component of household budgets and a driver of overall consumer inflation.
Methodology
The data is collected through surveys of Croatian consumers and businesses by the Croatian Bureau of Statistics.
Historical Context
The HICP Heat Energy for Croatia index is widely used by the European Central Bank and Croatian financial institutions to inform monetary and fiscal policy decisions.
Key Facts
- Croatia joined the Eurozone in 2023.
- Heat energy accounts for 3.5% of the Croatian consumer price index basket.
- Residential heating costs rose 8.2% in Croatia over the past year.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Heat Energy for Croatia tracks the changes in residential heating prices for consumers in Croatia.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of energy inflation and its impact on Croatian household budgets, which is crucial information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Croatian consumers and businesses by the Croatian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The HICP Heat Energy for Croatia index is widely used by the European Central Bank and Croatian financial institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-week lag, providing timely insights on energy cost trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Heat Energy for Croatia (CP0455HRM086NEST), retrieved from FRED.