Harmonized Index of Consumer Prices: Recreational and Sporting Services for Estonia
CP0941EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
187.14
Year-over-Year Change
4.37%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Recreational and Sporting Services in Estonia measures changes in the prices paid by consumers for recreational and sporting activities over time.
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 key economic indicator used to track and compare inflation across European Union countries. The Recreational and Sporting Services component provides insights into price trends for leisure and recreational activities in Estonia.
Methodology
The data is collected through surveys of consumer prices by national statistical agencies.
Historical Context
The HICP is used by policymakers and analysts to assess the overall cost of living and make informed economic decisions.
Key Facts
- Estonia joined the Eurozone in 2011.
- The HICP is measured on a scale of 100, with the base year currently set at 2015.
- Recreational and sporting services account for approximately 3% of the total HICP basket in Estonia.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Recreational and Sporting Services in Estonia measures changes in the prices paid by consumers for leisure and recreational activities.
Q: Why is this trend relevant for users or analysts?
A: The Recreational and Sporting Services component of the HICP provides valuable insights into the cost of living and inflationary pressures in the leisure and entertainment sector of the Estonian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by the national statistical agency in Estonia.
Q: How is this trend used in economic policy?
A: The HICP, including the Recreational and Sporting Services component, is used by policymakers and central banks to monitor and manage inflation across the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is typically published on a monthly basis with a short delay, providing timely information on price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Recreational and Sporting Services for Estonia (CP0941EEM086NEST), retrieved from FRED.