Harmonized Index of Consumer Prices: Package Holidays for Bulgaria
CP0960BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
183.33
Year-over-Year Change
17.71%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Package Holidays in Bulgaria measures changes in the prices paid by consumers for package holiday services. This metric is a key indicator of inflation and consumer spending trends.
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 for Package Holidays in Bulgaria is part of the broader HICP, which is the standard measure of consumer price inflation in the European Union. The Package Holidays component specifically tracks the cost of pre-arranged travel packages, including accommodations and transportation.
Methodology
The data is collected through surveys of travel and hospitality providers in Bulgaria.
Historical Context
The HICP for Package Holidays is used by policymakers and analysts to assess consumer behavior and inflationary pressures in the tourism industry.
Key Facts
- The HICP for Package Holidays in Bulgaria has a base year of 2015.
- This metric is published monthly by Eurostat.
- Package holidays account for a significant portion of consumer spending in Bulgaria.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Package Holidays in Bulgaria measures changes in the prices paid by consumers for pre-arranged travel packages, including accommodations and transportation.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Package Holidays is a key indicator of inflation and consumer spending trends in the tourism industry, which is an important sector of the Bulgarian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of travel and hospitality providers in Bulgaria.
Q: How is this trend used in economic policy?
A: The HICP for Package Holidays is used by policymakers and analysts to assess consumer behavior and inflationary pressures in the tourism industry, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The HICP for Package Holidays in Bulgaria is published monthly by Eurostat, with a typical update delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Package Holidays for Bulgaria (CP0960BGM086NEST), retrieved from FRED.