Harmonized Index of Consumer Prices: Postal Services for Denmark
CP0810DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
363.00
Year-over-Year Change
11.56%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Postal Services in Denmark measures the price changes of postal services paid by Danish consumers. This metric is a key economic indicator used by policymakers to monitor inflation.
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 for Postal Services in Denmark is a subcomponent of the broader HICP, which tracks the weighted average change in consumer prices for a basket of goods and services across the European Union. This specific index focuses on the price trends of postal services, an important sector for both households and businesses.
Methodology
The data is collected by Denmark's national statistical agency through surveys of postal service providers.
Historical Context
Policymakers and economists closely follow HICP trends to inform monetary and fiscal policies.
Key Facts
- Denmark's HICP for Postal Services has a base year of 2015.
- Postal services account for approximately 0.5% of the total Danish HICP basket.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Postal Services in Denmark measures the price changes of postal services paid by Danish consumers.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator used by policymakers and economists to monitor inflation and price trends in the postal services sector, which is important for both households and businesses.
Q: How is this data collected or calculated?
A: The data is collected by Denmark's national statistical agency through surveys of postal service providers.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely follow HICP trends, including for postal services, to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: HICP data is released monthly by Eurostat, the statistical office of the European Union.
Related Trends
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National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Denmark
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Stock Market Turnover Ratio (Value Traded/Capitalization) for Denmark
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Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for Denmark
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Central Bank Assets to GDP for Denmark
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Consumer Price Index for Denmark
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Postal Services for Denmark (CP0810DKM086NEST), retrieved from FRED.