Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for Czech Republic
IGDSXECZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.60
Year-over-Year Change
0.98%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for Czech Republic measures the price changes of non-energy industrial goods purchased by Czech consumers. This metric is a key indicator of inflation and consumer purchasing power.
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 inflation across European Union countries. The non-energy industrial goods component excludes volatile energy prices, providing a more stable gauge of underlying consumer price trends.
Methodology
The data is collected through surveys of retail prices for a representative basket of consumer goods and services.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and guide monetary policy decisions.
Key Facts
- The base year for the index is 2015 = 100.
- The index excludes volatile energy and unprocessed food prices.
- Data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for Czech Republic measures the price changes of non-energy industrial goods purchased by Czech consumers.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflation and consumer purchasing power, providing important insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices for a representative basket of consumer goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: Data is released monthly by Eurostat with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for Czech Republic (IGDSXECZM086NEST), retrieved from FRED.