Harmonized Index of Consumer Prices: Furniture and Furnishings for Bulgaria
CP0511BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.70
Year-over-Year Change
-0.71%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Furniture and Furnishings for Bulgaria measures changes in the prices of furniture and related household items purchased by Bulgarian consumers.
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
This index is part of the Harmonized Index of Consumer Prices (HICP), a set of comparable consumer price indices used across European Union countries to track inflation and assess economic performance.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
Policymakers and analysts use this index to monitor price trends in the Bulgarian furniture market.
Key Facts
- The index uses 2015 as the base year.
- Furniture and furnishings account for about 5% of the HICP basket in Bulgaria.
- Prices are surveyed across a variety of furniture retail outlets.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of furniture, home furnishings, and related household items purchased by consumers in Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into inflationary pressures and consumer demand in the Bulgarian furniture market, which is important for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices across a variety of furniture stores and outlets in Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this index to monitor inflation and consumer spending patterns, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Furniture and Furnishings for Bulgaria (CP0511BGM086NEST), retrieved from FRED.