Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Bulgaria
CP0910BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.45
Year-over-Year Change
-4.07%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Audio-Visual, Photographic and Information Processing Equipment in Bulgaria tracks the prices of a basket of consumer electronics and media devices over time. This index is a key metric for understanding changes in the cost of living and consumer purchasing power.
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 inflation used across the European Union. The Audio-Visual, Photographic and Information Processing Equipment index specifically monitors price trends for a variety of household electronics, from televisions and cameras to computers and smartphones.
Methodology
The data is collected through surveys of retail prices and combined into a weighted index.
Historical Context
Policymakers and analysts use the HICP to gauge overall economic conditions and the purchasing power of consumers.
Key Facts
- The HICP for Audio-Visual, Photographic and Information Processing Equipment is a subindex of the overall Bulgarian HICP.
- This index has shown a steady decline over the past decade as technology prices have fallen.
- Monitoring this index helps policymakers understand changes in consumer spending and the cost of living.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Audio-Visual, Photographic and Information Processing Equipment in Bulgaria tracks the prices of a basket of consumer electronics and media devices.
Q: Why is this trend relevant for users or analysts?
A: This index is a key metric for understanding changes in the cost of living and consumer purchasing power, which is useful for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices and combined into a weighted index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the HICP to gauge overall economic conditions and the purchasing power of consumers.
Q: Are there update delays or limitations?
A: The HICP data is published on a regular schedule with minimal delays, providing timely information on consumer price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Bulgaria (CP0910BGM086NEST), retrieved from FRED.