Harmonized Index of Consumer Prices: Other Recreational Items and Equipment, Gardens and Pets for Romania
CP0930ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164.27
Year-over-Year Change
7.46%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Other Recreational Items and Equipment, Gardens and Pets in Romania measures the changes in prices for a basket of recreational goods and services. This index is a key indicator of inflation and consumer spending in the Romanian economy.
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 Other Recreational Items and Equipment, Gardens and Pets index specifically tracks the prices of items like sports equipment, toys, and pet-related products and services. This data helps analysts and policymakers understand trends in Romanian consumer behavior and broader economic conditions.
Methodology
The HICP data is collected monthly through surveys of consumer prices across Romania.
Historical Context
The HICP is used by the European Central Bank to help set monetary policy for the Eurozone.
Key Facts
- Romania joined the European Union in 2007.
- The HICP has a base year of 2015 = 100.
- Recreational goods account for over 10% of household spending in Romania.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Other Recreational Items and Equipment, Gardens and Pets in Romania measures the changes in prices for a basket of recreational goods and services.
Q: Why is this trend relevant for users or analysts?
A: This data helps analysts and policymakers understand trends in Romanian consumer behavior and broader economic conditions, as recreational spending is an important component of household expenditures.
Q: How is this data collected or calculated?
A: The HICP data is collected monthly through surveys of consumer prices across Romania.
Q: How is this trend used in economic policy?
A: The HICP is used by the European Central Bank to help set monetary policy for the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Other Recreational Items and Equipment, Gardens and Pets for Romania (CP0930ROM086NEST), retrieved from FRED.