Harmonized Index of Consumer Prices: Telephone and Telefax Equipment for Spain
CP0820ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.19
Year-over-Year Change
-8.40%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Telephone and Telefax Equipment in Spain measures the price changes of these products over time. This indicator is important for understanding consumer spending patterns and inflationary pressures in the telecommunications 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 HICP for Telephone and Telefax Equipment in Spain is a component of the overall HICP, which tracks the prices of a representative basket of consumer goods and services. This specific index focuses on the prices of telephones, telefax machines, and related equipment purchased by Spanish households.
Methodology
The HICP data is collected through surveys of retailers and service providers across Spain.
Historical Context
Policymakers and economists use this index to gauge consumer price dynamics and inform monetary and fiscal policy decisions.
Key Facts
- HICP covers about 60% of household final monetary consumption expenditure in Spain.
- Telephone and Telefax Equipment accounts for around 1% of the total HICP basket in Spain.
- The index is published monthly by the Spanish Statistical Office (INE).
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Telephone and Telefax Equipment in Spain measures the price changes over time for these consumer products.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into consumer spending patterns and inflationary pressures in the telecommunications sector, which is relevant for policymakers and economists.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of retailers and service providers across Spain.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to gauge consumer price dynamics and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Spanish Statistical Office (INE) with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Telephone and Telefax Equipment for Spain (CP0820ESM086NEST), retrieved from FRED.