Harmonized Index of Consumer Prices: Passenger Transport by Road for Bulgaria
CP0732BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.47
Year-over-Year Change
3.38%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Passenger Transport by Road for Bulgaria measures changes in the prices paid by Bulgarian consumers for passenger transport by road. This indicator provides insights into inflation trends in a key economic sector.
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 Passenger Transport by Road index specifically tracks price changes for various modes of road-based passenger transportation within Bulgaria.
Methodology
The data is collected through surveys of consumers and businesses by the National Statistical Institute of Bulgaria.
Historical Context
This index is used by policymakers and economists to monitor inflationary pressures and inform macroeconomic policy decisions.
Key Facts
- The base year for the index is 2015 = 100.
- Road transport accounts for over 90% of passenger travel in Bulgaria.
- The index is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Bulgarian consumers for passenger transport by road, such as buses, taxis, and ride-sharing services.
Q: Why is this trend relevant for users or analysts?
A: The Passenger Transport by Road index provides valuable insights into inflationary pressures within a key sector of the Bulgarian economy, which is important for policymakers and economists monitoring overall price stability.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses by the National Statistical Institute of Bulgaria and then compiled into the Harmonized Index of Consumer Prices.
Q: How is this trend used in economic policy?
A: This index is used by the European Central Bank and other policymakers to assess inflationary trends and inform monetary policy decisions that aim to maintain price stability across the Eurozone.
Q: Are there update delays or limitations?
A: The index is released monthly by Eurostat with a relatively short time lag, making it a timely indicator of price changes in the Bulgarian passenger transport sector.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Road for Bulgaria (CP0732BGM086NEST), retrieved from FRED.