Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Hungary
CP0932HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.02
Year-over-Year Change
3.40%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Hungary measures the price changes of equipment and supplies for recreational activities in Hungary. This metric is important for economists and policymakers to gauge consumer spending and inflationary pressures.
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
This index tracks the prices of a basket of goods and services related to sports, camping, and outdoor recreation in Hungary. It is part of the broader Harmonized Index of Consumer Prices (HICP), which is a key economic indicator used to measure and analyze inflation across the Eurozone.
Methodology
The data is collected through consumer surveys and reflects the average change in prices paid by Hungarian households.
Historical Context
This index provides insights into consumer demand and spending patterns that can inform economic and fiscal policy decisions.
Key Facts
- Hungary is a member of the Eurozone and uses the Euro currency.
- Outdoor recreation is a significant part of the Hungarian economy.
- The HICP is a standardized measure of inflation across the European Union.
FAQs
Q: What does this economic trend measure?
A: This index measures the changes in prices for equipment and supplies related to sports, camping, and outdoor recreation in Hungary.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and inflationary pressures within the recreational goods sector, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and reflects the average change in prices paid by Hungarian households.
Q: How is this trend used in economic policy?
A: This index is used by economists and policymakers to monitor consumer demand, spending, and inflationary trends, which can inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with a typical 2-month delay in reporting.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Hungary (CP0932HUM086NEST), retrieved from FRED.