Harmonized Index of Consumer Prices: Communications for Romania
CP0800ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.66
Year-over-Year Change
-2.64%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Communications for Romania measures the changes in the prices of communication-related goods and services for consumers in Romania. This data point is a key indicator of inflationary pressures and consumer spending habits.
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: Communications for Romania is a subcomponent of the broader Harmonized Index of Consumer Prices (HICP), which tracks price changes for a basket of consumer goods and services across the Eurozone. The communications category includes expenses like telephone and internet services, equipment, and other communication-related costs.
Methodology
The data is collected through surveys of consumer prices by Eurostat, the statistical office of the European Union.
Historical Context
This index is widely used by policymakers, economists, and market analysts to assess inflationary trends and consumer behavior within the Romanian economy.
Key Facts
- The base year for the index is 2015 = 100.
- Communication costs make up around 3.5% of the total Romanian consumer price index basket.
- Prices in the communications category have generally risen slower than the overall HICP in Romania.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Communications for Romania measures the changes in prices for communication-related goods and services, such as telephone, internet, and equipment costs, paid by consumers in Romania.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and consumer spending habits within the Romanian economy, providing insights that are relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The Harmonized Index of Consumer Prices: Communications for Romania is used by policymakers, central banks, and analysts to assess inflationary trends and consumer behavior, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by Eurostat with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Communications for Romania (CP0800ROM086NEST), retrieved from FRED.