Harmonized Index of Consumer Prices: Services Related to Transport for Bulgaria
SERVTRBGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.96
Year-over-Year Change
1.95%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Services Related to Transport for Bulgaria tracks the prices of transportation-related services in the country, providing insights into consumer spending and inflationary pressures.
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 economic indicator measures the price changes over time for a basket of transportation-related services in Bulgaria, including items like taxi fares, passenger transport by road, and maintenance and repair of personal transport equipment. It is a key component of the broader Harmonized Index of Consumer Prices (HICP), which is used to assess inflation across the European Union.
Methodology
The data is collected through regular surveys of consumer prices by the National Statistical Institute of Bulgaria.
Historical Context
Policymakers and analysts monitor this index to understand trends in Bulgarian consumer spending and to inform decisions on monetary and fiscal policy.
Key Facts
- The index has a base year of 2015.
- Transportation services account for around 13% of the total HICP basket in Bulgaria.
- Prices for transportation services have risen by an average of 2.5% per year since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Services Related to Transport for Bulgaria measures the changes in prices for a basket of transportation-related services in the country, including items like taxi fares and passenger transport.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures and consumer spending patterns in the transportation sector of the Bulgarian economy, which is an important component of the overall consumer price index.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys conducted by the National Statistical Institute of Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to understand trends in Bulgarian consumer spending and to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately one month.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Bulgaria
BGRFCLODCHGGDPPT
Net migration for Bulgaria
SMPOPNETMBGR
Value of Exports to Bulgaria from Delaware
DEBGRA052SCEN
Bank's Cost to Income Ratio for Bulgaria
DDEI07BGA156NWDB
Value of Exports to Bulgaria from Alabama
ALBGRA052SCEN
Harmonized Index of Consumer Prices: Unprocessed Food for Bulgaria
FOODUNBGM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services Related to Transport for Bulgaria (SERVTRBGM086NEST), retrieved from FRED.