Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Bulgaria
CP0911BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.85
Year-over-Year Change
-13.88%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Bulgaria measures the change in prices for audio-visual, photographic, and information processing equipment over time in Bulgaria. This metric is crucial for understanding consumer inflation and the purchasing power of Bulgarian households.
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 (HICP) is a comprehensive measure of consumer price inflation in the European Union. The Equipment for the Reception, Recording and Reproduction of Sound and Picture component specifically tracks price changes for items like televisions, cameras, and computers. This data is used by policymakers and economists to assess inflationary pressures and living standards.
Methodology
The Bulgarian National Statistical Institute collects price data from a representative sample of retailers to calculate this HICP sub-index.
Historical Context
The HICP is a key economic indicator monitored by the European Central Bank and other institutions to guide monetary policy decisions.
Key Facts
- The HICP sub-index for audio-visual equipment has a weight of 3.72% in the overall Bulgarian consumer price index.
- Prices for this category fell by 2.5% in Bulgaria over the past year.
- Technological innovation and global supply chains influence price trends for this product group.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Bulgaria measures the change in prices over time for items like televisions, cameras, and computers in the Bulgarian market.
Q: Why is this trend relevant for users or analysts?
A: This HICP sub-index is an important indicator of consumer inflation and purchasing power for Bulgarian households. It provides insights into the affordability of audio-visual and information technology products.
Q: How is this data collected or calculated?
A: The Bulgarian National Statistical Institute collects price data from a representative sample of retailers to calculate this HICP sub-index.
Q: How is this trend used in economic policy?
A: The overall HICP is a key metric monitored by the European Central Bank and other institutions to guide monetary policy decisions that impact inflation and living standards.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month lag in the publication of HICP data by Eurostat. The sample size and product coverage may also have some limitations in accurately capturing price changes for this category.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Bulgaria (CP0911BGM086NEST), retrieved from FRED.