Harmonized Index of Consumer Prices: Newspapers, Books and Stationery for Romania
CP0950ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
196.80
Year-over-Year Change
7.97%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Newspapers, Books and Stationery in Romania measures the change in prices for these consumer goods over time. This metric provides valuable insights into the inflationary pressures faced by Romanian consumers in this category.
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 consumer price inflation across European Union member states. The Newspapers, Books and Stationery component specifically reflects price trends for these essential household items, which can inform policy decisions and market analysis.
Methodology
The data is collected through a survey of retailers and service providers, then aggregated and adjusted to produce the harmonized index.
Historical Context
Policymakers and economists closely monitor HICP trends to assess the overall state of the Romanian economy and cost of living for consumers.
Key Facts
- Romania joined the European Union in 2007.
- Newspapers, books and stationery account for around 1.2% of Romanian household spending.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Newspapers, Books and Stationery in Romania measures the change in prices for these consumer goods over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the inflationary pressures faced by Romanian consumers in this category, which can inform policy decisions and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retailers and service providers, then aggregated and adjusted to produce the harmonized index.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor HICP trends to assess the overall state of the Romanian economy and cost of living for consumers.
Q: Are there update delays or limitations?
A: HICP data is released monthly by Eurostat with no significant delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Newspapers, Books and Stationery for Romania (CP0950ROM086NEST), retrieved from FRED.