Harmonized Index of Consumer Prices: Information Processing Equipment for Bulgaria
CP0913BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.98
Year-over-Year Change
-2.38%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Information Processing Equipment in Bulgaria measures the change in prices paid by consumers for this category of goods and services. This data is a key indicator of inflation and economic conditions in the country.
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 consumer price inflation across European Union member states. The Information Processing Equipment index specifically tracks price changes for items like computers, printers, and software. Monitoring this metric helps policymakers assess the state of the Bulgarian economy.
Methodology
The data is collected through surveys of Bulgarian households and businesses.
Historical Context
The HICP is used by the European Central Bank and other institutions to guide monetary policy decisions.
Key Facts
- The HICP tracks price changes for over 300 consumer goods and services.
- Information Processing Equipment is about 3% of the total HICP basket in Bulgaria.
- HICP data is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Information Processing Equipment measures the change in prices paid by consumers for computers, printers, software, and related items in Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and consumer demand for technology products in the Bulgarian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Bulgarian households and businesses.
Q: How is this trend used in economic policy?
A: The HICP, including the Information Processing Equipment index, is used by the European Central Bank and other institutions to guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with a short lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Information Processing Equipment for Bulgaria (CP0913BGM086NEST), retrieved from FRED.