Harmonized Index of Consumer Prices: Services Related to Recreation, Including Repairs and Personal Care for Bulgaria
SERVRPBGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.11
Year-over-Year Change
9.00%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Services Related to Recreation, Including Repairs and Personal Care measures price changes for these consumer services in Bulgaria. It is a key indicator for understanding inflationary pressures 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
This index tracks the prices paid by Bulgarian consumers for a basket of recreation, repair, and personal care services. It is an important component of the overall Harmonized Index of Consumer Prices, which is used by the European Union to monitor inflation and guide monetary policy decisions.
Methodology
The data is collected through surveys of Bulgarian retailers and service providers.
Historical Context
Policymakers and analysts use this index to assess the state of the Bulgarian consumer economy and identify inflationary trends.
Key Facts
- Bulgaria is a member of the European Union.
- The index uses 2015 as its base year.
- Services account for over 60% of Bulgaria's GDP.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Bulgarian consumers for a basket of recreation, repair, and personal care services.
Q: Why is this trend relevant for users or analysts?
A: The services covered by this index are an important component of the overall cost of living in Bulgaria, so tracking their prices helps assess inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Bulgarian retailers and service providers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor inflation and inform monetary policy decisions in Bulgaria.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the index may not capture all aspects of the service sector in Bulgaria.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services Related to Recreation, Including Repairs and Personal Care for Bulgaria (SERVRPBGM086NEST), retrieved from FRED.