Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Non-Durables Only for Croatia
IGDXENHRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.53
Year-over-Year Change
2.43%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Non-Durables Only for Croatia measures changes in the prices of industrial goods, excluding energy, that are considered non-durable. This metric provides insight into underlying inflationary pressures in Croatia's industrial sector.
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 key economic indicator used to assess price stability within the European Union. The non-energy industrial goods, non-durables component specifically tracks price movements of industrial items that are not energy-related and have a relatively short lifespan, offering a nuanced view of Croatia's consumer price dynamics.
Methodology
The data is collected through surveys of retailers and service providers across Croatia.
Historical Context
This index is utilized by policymakers and analysts to evaluate Croatia's economic performance and inform monetary policy decisions.
Key Facts
- The base year for this index is 2015 = 100.
- Croatia joined the Eurozone in 2023, making this index important for monitoring price stability.
- Non-durable goods are items with a lifespan of less than 3 years, such as food and clothing.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Non-Durables Only for Croatia measures changes in the prices of industrial goods, excluding energy, that are considered non-durable in Croatia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into underlying inflationary pressures in Croatia's industrial sector, which is important for policymakers and analysts evaluating the country's economic performance and guiding monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Croatia.
Q: How is this trend used in economic policy?
A: This index is utilized by policymakers and analysts to evaluate Croatia's economic performance and inform monetary policy decisions, especially now that Croatia has joined the Eurozone.
Q: Are there update delays or limitations?
A: There may be some update delays or limitations in data coverage, as is common with economic indicators, but the Harmonized Index of Consumer Prices is a widely recognized and reliable metric.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Non-Durables Only for Croatia (IGDXENHRM086NEST), retrieved from FRED.