Harmonized Index of Consumer Prices: Sewerage Collection for Slovakia
CP0443SKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148.62
Year-over-Year Change
6.78%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Sewerage Collection in Slovakia is an important economic indicator that measures changes in the prices paid by consumers for this essential service.
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 HICP is a standardized measure of inflation used across the European Union to track changes in the general price level of goods and services. The Sewerage Collection index specifically monitors the cost of waste water disposal, a key component of household expenditures.
Methodology
The data is collected through surveys of consumer prices by the Statistical Office of the Slovak Republic.
Historical Context
Policymakers and analysts use the HICP to inform decisions on monetary and fiscal policy.
Key Facts
- Slovakia joined the Eurozone in 2009.
- Sewerage services account for around 1% of household consumption in Slovakia.
- The HICP is calculated using a common methodology across the EU.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Sewerage Collection in Slovakia measures changes in the prices paid by consumers for waste water disposal services.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflation and household costs, which are closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: The HICP is used by the European Central Bank and national governments to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Sewerage Collection for Slovakia (CP0443SKM086NEST), retrieved from FRED.