Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Bulgaria
CP1230BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.52
Year-over-Year Change
7.99%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Personal Effects N.e.c. for Bulgaria measures changes in the prices of personal effects and other miscellaneous goods and services for consumers in Bulgaria. This economic indicator is crucial for understanding consumer spending patterns and inflationary pressures in the country.
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: Personal Effects N.e.c. for Bulgaria is a subcomponent of the broader Harmonized Index of Consumer Prices, which is the standard measure of consumer inflation used across the European Union. This specific index tracks the prices of a basket of personal and miscellaneous items, providing insight into a key component of household expenditure.
Methodology
The data is collected through a nationwide survey of consumer prices by the National Statistical Institute of Bulgaria.
Historical Context
Policymakers and analysts use this index to assess changes in the cost of living and inform monetary and fiscal policy decisions.
Key Facts
- The base year for the HICP: Personal Effects N.e.c. for Bulgaria is 2015.
- Personal effects account for around 5% of the total HICP basket in Bulgaria.
- The index has risen by an average of 2.5% per year over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Bulgaria measures changes in the prices of personal effects and other miscellaneous goods and services purchased by consumers in the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and consumer spending patterns in Bulgaria, which is crucial information for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by the National Statistical Institute of Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess changes in the cost of living and inform monetary and fiscal policy decisions in Bulgaria.
Q: Are there update delays or limitations?
A: The HICP: Personal Effects N.e.c. for Bulgaria is published monthly with a typical release lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Bulgaria (CP1230BGM086NEST), retrieved from FRED.