Harmonized Index of Consumer Prices: Energy for Bulgaria
ENRGY0BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.04
Year-over-Year Change
-1.31%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Energy for Bulgaria measures the change in energy prices paid by Bulgarian consumers, including electricity, gas, and other fuels. This metric is crucial for economists and policymakers to understand inflationary pressures and cost-of-living dynamics 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 the European Union. The Energy component specifically tracks changes in the prices paid by households for electricity, gas, heating oil, and other fuels. This provides valuable insights into energy-related inflationary trends.
Methodology
The data is collected through surveys of retail establishments and households by the National Statistical Institute of Bulgaria.
Historical Context
The HICP Energy index is closely monitored by the European Central Bank and domestic policymakers to inform monetary and fiscal policies.
Key Facts
- Bulgaria's HICP Energy index has risen by 30% over the past 5 years.
- Energy accounts for over 15% of the total Bulgarian consumer price basket.
- Residential electricity prices in Bulgaria are among the lowest in the EU.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Energy for Bulgaria measures changes in the prices paid by Bulgarian households for electricity, gas, heating oil, and other fuels.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into energy-related inflationary pressures and cost-of-living dynamics in the Bulgarian economy, which is vital information 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 by the National Statistical Institute of Bulgaria.
Q: How is this trend used in economic policy?
A: The HICP Energy index is closely monitored by the European Central Bank and Bulgarian policymakers to inform monetary and fiscal policies aimed at managing inflation and supporting household purchasing power.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately one month, providing timely but not real-time information on energy price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy for Bulgaria (ENRGY0BGM086NEST), retrieved from FRED.