Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Croatia
ELGAS0HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.40
Year-over-Year Change
8.43%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Electricity, Gas, Solid Fuels and Heat Energy in Croatia measures the price changes of these essential household energy sources. It provides valuable insights into inflation and consumer purchasing power within 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 HICP is a key economic indicator used to track price movements across the Eurozone. The Electricity, Gas, Solid Fuels and Heat Energy component specifically monitors the costs of these critical utilities, which are a major household expenditure and contribute significantly to the overall cost of living.
Methodology
The data is collected through surveys of consumers and businesses by Croatia's national statistics agency.
Historical Context
This index is closely monitored by policymakers, analysts, and consumers to understand inflationary pressures and inform economic decision-making.
Key Facts
- Croatia joined the Eurozone in 2023.
- Energy costs make up over 15% of the average Croatian household budget.
- The HICP is a harmonized metric used across the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Electricity, Gas, Solid Fuels and Heat Energy in Croatia tracks the prices of these essential household energy sources.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and the cost of living within the Croatian economy, which is crucial information for policymakers, consumers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses by Croatia's national statistics agency.
Q: How is this trend used in economic policy?
A: The HICP for energy costs is closely monitored by policymakers to understand inflation and inform decisions on economic and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 2-3 weeks, providing timely information on energy price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Croatia (ELGAS0HRM086NEST), retrieved from FRED.