Harmonized Index of Consumer Prices: Telephone and Telefax Services for Croatia
CP0830HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.04
Year-over-Year Change
2.99%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Telephone and Telefax Services measures the inflation experienced by Croatian consumers in this category. This metric is a key indicator of cost-of-living and consumer price trends for policymakers and analysts.
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 standardized measure of consumer price inflation across European Union countries. The Telephone and Telefax Services component tracks the price changes for voice and data communication services in Croatia, providing insights into this important part of the consumer basket.
Methodology
The data is collected through surveys of Croatian consumers and businesses by the Croatian Bureau of Statistics.
Historical Context
The HICP is used by the European Central Bank and national governments to monitor inflation and guide economic policies.
Key Facts
- The HICP for Telephone and Telefax Services has a base year of 2015.
- This index is part of the broader HICP basket which tracks over 300 consumer goods and services.
- Croatia joined the European Union in 2013 and began reporting HICP data.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Telephone and Telefax Services measures the inflation experienced by Croatian consumers for voice and data communication services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into cost-of-living and consumer price trends in a key sector of the Croatian economy, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Croatian consumers and businesses by the Croatian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: The HICP is used by the European Central Bank and national governments to monitor inflation and guide economic policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 2-3 week delay from the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Telephone and Telefax Services for Croatia (CP0830HRM086NEST), retrieved from FRED.