Harmonized Index of Consumer Prices: Recording Media for Bulgaria
CP0914BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.84
Year-over-Year Change
-5.38%
Date Range
12/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Recording Media in Bulgaria tracks the change in prices paid by consumers for items related to recording media, such as CDs, DVDs, and related equipment. This metric is a key indicator of inflationary pressures and consumer purchasing power in Bulgaria.
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 Recording Media index specifically focuses on the price changes for products and services related to recording audio, video, and data. This data point provides insight into Bulgarians' spending patterns and consumer demand in this product category.
Methodology
The HICP data is collected through surveys of consumer expenditures and retail prices by Bulgaria's National Statistical Institute.
Historical Context
Policymakers and economists analyze HICP data to assess the overall health of the Bulgarian economy and make informed decisions about monetary and fiscal policies.
Key Facts
- The HICP is a standardized measure used across the European Union.
- Recording Media represents about 0.7% of the total HICP basket in Bulgaria.
- Prices for recording media have risen by an average of 2.3% per year in Bulgaria over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Recording Media in Bulgaria tracks the change in prices paid by consumers for items related to recording media, such as CDs, DVDs, and related equipment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Bulgarians' spending patterns and consumer demand for recording media products, which is a key indicator of inflationary pressures and consumer purchasing power in the country.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of consumer expenditures and retail prices by Bulgaria's National Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze HICP data to assess the overall health of the Bulgarian economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Recording Media for Bulgaria (CP0914BGM086NEST), retrieved from FRED.