Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Hungary
Index 2015=100, Quarterly
HUNCP050000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
153.04
Year-over-Year Change
30.01%
Date Range
1/1/2007 - 1/1/2025
Summary
The Index 2015=100, Quarterly series measures changes in consumer prices in Hungary on a quarterly basis, providing insights into inflation trends and the overall state of the Hungarian 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
This index tracks price movements for a representative basket of consumer goods and services in Hungary, with the base year 2015 set to 100. Economists and policymakers use this index to assess the country's inflationary pressures and inform monetary and fiscal policy decisions.
Methodology
The data is collected through surveys of businesses and households, and calculated using a weighted average of price changes for different consumer items.
Historical Context
The Index 2015=100, Quarterly is a key indicator for the National Bank of Hungary and other institutions monitoring the country's macroeconomic performance.
Key Facts
- The base year for the index is 2015.
- The index is published on a quarterly basis.
- Hungary's consumer prices have been rising steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures changes in consumer prices in Hungary on a quarterly basis, providing insights into the country's inflation rate.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator for economists and policymakers in Hungary, as it helps them assess inflationary pressures and make informed decisions about monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households, and calculated using a weighted average of price changes for different consumer items.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is a key indicator for the National Bank of Hungary and other institutions monitoring the country's macroeconomic performance, and it informs their policy decisions.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, so there may be a short delay in the most recent data being available.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (HUNCP050000IXOBQ), retrieved from FRED.