Harmonized Index of Consumer Prices: Personal Care for Bulgaria
CP1210BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.18
Year-over-Year Change
1.97%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Personal Care for Bulgaria measures changes in the prices of personal care goods and services for households in Bulgaria. This trend is a key indicator of consumer inflation and purchasing power in the Bulgarian economy.
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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of consumer price inflation across European Union countries. The Personal Care component specifically tracks the prices of items like toiletries, cosmetics, hair products, and other personal hygiene goods.
Methodology
The data is collected through surveys of retail establishments and households in Bulgaria.
Historical Context
Policymakers and analysts use this HICP metric to assess the overall cost of living and make informed decisions about monetary and fiscal policies.
Key Facts
- Bulgaria joined the European Union in 2007.
- The HICP is calculated using a common methodology across the EU.
- Personal care accounts for around 4% of the total HICP basket in Bulgaria.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Personal Care for Bulgaria measures changes in the prices of personal care goods and services for households in the country.
Q: Why is this trend relevant for users or analysts?
A: This HICP metric is a key indicator of consumer inflation and purchasing power in the Bulgarian economy, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and households in Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP metric to assess the overall cost of living and make informed decisions about monetary and fiscal policies in Bulgaria.
Q: Are there update delays or limitations?
A: The HICP data for Bulgaria is published monthly with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Personal Care for Bulgaria (CP1210BGM086NEST), retrieved from FRED.