Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Bulgaria
CP0932BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.10
Year-over-Year Change
-1.25%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Equipment for Sport, Camping and Open-Air Recreation measures price changes for these products in Bulgaria. This metric is a key indicator of consumer inflation and purchasing power.
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 countries. The Equipment for Sport, Camping and Open-Air Recreation component tracks the prices of items like sports equipment, camping gear, and outdoor recreational products.
Methodology
The HICP data is collected through household surveys and compiled by the National Statistical Institute of Bulgaria.
Historical Context
Policymakers and economists use the HICP to assess consumer demand and guide monetary and fiscal policies.
Key Facts
- The HICP is a widely-used metric across the European Union.
- Equipment for Sport, Camping and Open-Air Recreation accounts for about 2% of the total HICP basket in Bulgaria.
- Prices for these recreational items can indicate changes in consumer confidence and discretionary spending.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Equipment for Sport, Camping and Open-Air Recreation tracks the prices of these types of products in Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides insight into consumer spending patterns and inflationary pressures in the recreational equipment market.
Q: How is this data collected or calculated?
A: The HICP data is collected through household surveys and compiled by the National Statistical Institute of Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the HICP to assess consumer demand and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 2-3 week lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Bulgaria (CP0932BGM086NEST), retrieved from FRED.