Harmonized Index of Consumer Prices: Telephone and Telefax Equipment for Bulgaria
CP0820BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.48
Year-over-Year Change
-6.41%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Telephone and Telefax Equipment in Bulgaria measures the change in prices paid by consumers for this category of goods and services over time. This metric is crucial for policymakers and economists to understand inflationary pressures and consumer behavior.
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 comprehensive measure of consumer price inflation in the European Union. The Telephone and Telefax Equipment index specifically tracks price changes for devices, services, and accessories related to landline and mobile telecommunications. This data provides insights into a key component of household spending and technological adoption.
Methodology
The HICP data is collected through surveys of consumer purchases and calculated according to Eurostat standards.
Historical Context
Policymakers and analysts use the HICP data to inform monetary and fiscal policies.
Key Facts
- The HICP is harmonized across EU member states.
- Telephone/Telefax Equipment is 0.82% of the Bulgarian consumer basket.
- Prices in this category fell 4.1% in the last year.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Telephone and Telefax Equipment measures changes in the prices paid by Bulgarian consumers for phones, services, and related products.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into inflationary pressures and consumer behavior in a key technology-related spending category.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of consumer purchases and calculated according to Eurostat's standardized methodology.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use HICP data, including the Telephone/Telefax index, to inform monetary and fiscal policies aimed at managing inflation.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately one month.
Related Trends
Use of Financial Services, Assets: Outstanding Loans at Other Financial Intermediaries for Bulgaria
BGRFCSMXDC
Bank's Return on Equity for Bulgaria
DDEI06BGA156NWDB
Harmonized Index of Consumer Prices: Passenger Transport by Road for Bulgaria
CP0732BGM086NEST
Harmonized Index of Consumer Prices: Transport Services for Bulgaria
CP0730BGM086NEST
Number of Identified Exporters to Bulgaria from Michigan
MIBGRA475SCEN
Value of Exports to Bulgaria from Massachusetts
MABGRA052SCEN
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Telephone and Telefax Equipment for Bulgaria (CP0820BGM086NEST), retrieved from FRED.