Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Czech Republic

CP1200CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

150.90

Year-over-Year Change

3.29%

Date Range

1/1/1996 - 6/1/2025

Summary

The Harmonized Index of Consumer Prices (HICP): Miscellaneous Goods and Services for the Czech Republic tracks changes in the prices of a basket of consumer goods and services in the 'Miscellaneous' category for the Czech market.

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 measure and compare inflation across European Union member states. The 'Miscellaneous Goods and Services' component covers a wide range of consumer expenditures, including personal care, social protection, insurance, and other services.

Methodology

The data is collected through consumer surveys and compiled by the Czech Statistical Office.

Historical Context

Policymakers and economists use this HICP index to assess inflationary pressures and guide monetary policy decisions.

Key Facts

  • The base year for the Czech Republic HICP is 2015 = 100.
  • Miscellaneous goods and services account for around 13% of the total Czech consumer basket.
  • HICP data is released monthly by the Czech Statistical Office.

FAQs

Q: What does this economic trend measure?

A: The Harmonized Index of Consumer Prices (HICP): Miscellaneous Goods and Services for the Czech Republic tracks changes in the prices of a basket of consumer goods and services in the 'Miscellaneous' category for the Czech market.

Q: Why is this trend relevant for users or analysts?

A: The HICP is a key economic indicator used to measure and compare inflation across European Union member states, and the 'Miscellaneous Goods and Services' component provides important insights into a wide range of consumer expenditures.

Q: How is this data collected or calculated?

A: The data is collected through consumer surveys and compiled by the Czech Statistical Office.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this HICP index to assess inflationary pressures and guide monetary policy decisions in the Czech Republic and the broader European Union.

Q: Are there update delays or limitations?

A: The HICP data is released monthly by the Czech Statistical Office, with minimal delays.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Czech Republic (CP1200CZM086NEST), retrieved from FRED.