Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Bulgaria
CP0500BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.77
Year-over-Year Change
-0.05%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Furnishings, Household Equipment and Routine Household Maintenance in Bulgaria measures price changes for these household goods and services over time.
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 key economic indicator used to assess inflation and price stability within the European Union. This specific index tracks the costs of furnishings, appliances, cleaning supplies, and other essential household items for Bulgarian consumers.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
Policymakers use this HICP index to inform monetary and fiscal policies that aim to maintain stable prices and purchasing power.
Key Facts
- HICP covers around 700 consumer goods and services in the EU.
- The index base year is 2015 = 100.
- Bulgaria joined the EU in 2007.
FAQs
Q: What does this economic trend measure?
A: This HICP index measures the changes in consumer prices for furnishings, household equipment, and routine household maintenance in Bulgaria over time.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and cost of living for Bulgarian households, providing important insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices across Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers use this HICP index to inform monetary and fiscal policies aimed at maintaining price stability and supporting household purchasing power.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around 2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Bulgaria (CP0500BGM086NEST), retrieved from FRED.