Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Bulgaria
FOOD00BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.39
Year-over-Year Change
7.33%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food Including Alcohol and Tobacco in Bulgaria measures the change in prices for a basket of food, alcohol, and tobacco products in the country. It is a key indicator of inflationary pressures in the Bulgarian consumer market.
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 harmonized measure of consumer price inflation across European Union member states, designed to enable cross-country comparisons. The Food Including Alcohol and Tobacco index specifically tracks the prices of essential household purchases, providing insights into cost-of-living dynamics and consumer demand.
Methodology
The data is collected through a nationwide survey of retail prices by the Bulgarian National Statistical Institute.
Historical Context
Policymakers and analysts use this index to assess changes in consumer purchasing power and evaluate the efficacy of monetary and fiscal policies.
Key Facts
- The index has a base year of 2015.
- Food, alcohol, and tobacco account for over 30% of the Bulgarian consumer basket.
- Year-over-year changes in the index reached a high of 17.1% in July 2022.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food Including Alcohol and Tobacco in Bulgaria measures the change in prices for a basket of essential household purchases in the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures and changes in consumer purchasing power, which are crucial for policymakers and market analysts assessing the health of the Bulgarian economy.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail prices by the Bulgarian National Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to evaluate the efficacy of monetary and fiscal policies in managing inflation and maintaining consumer purchasing power.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical delay of 2-3 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food Including Alcohol and Tobacco for Bulgaria (FOOD00BGM086NEST), retrieved from FRED.