Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Croatia
CP1230HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.88
Year-over-Year Change
3.40%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Croatia measures changes in the prices of personal effects and miscellaneous goods in Croatia. This trend is a key indicator for monitoring consumer inflation and purchasing power in the Croatian 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) tracks changes in the prices of consumer goods and services acquired by households in Croatia. The 'Personal Effects N.e.c.' component specifically measures price fluctuations for items like luggage, handbags, jewelry, and other personal accessories.
Methodology
The data is collected through surveys of consumer prices by Croatia's national statistical office.
Historical Context
Policymakers and analysts use this HICP trend to assess overall price stability and make informed decisions about monetary and fiscal policies.
Key Facts
- Croatia joined the European Union in 2013.
- The HICP is harmonized across EU member states.
- Personal effects make up around 3% of the total HICP basket in Croatia.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Croatia measures changes in the prices of personal items and miscellaneous goods purchased by households in the country.
Q: Why is this trend relevant for users or analysts?
A: This HICP trend is a key indicator of consumer inflation and purchasing power in Croatia, providing important insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by Croatia's national statistical office.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this HICP trend to assess overall price stability and make informed decisions about monetary and fiscal policies in Croatia.
Q: Are there update delays or limitations?
A: The HICP data for Croatia is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Croatia (CP1230HRM086NEST), retrieved from FRED.