Harmonized Index of Consumer Prices: Education for Bulgaria
CP1000BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.82
Year-over-Year Change
7.11%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Education for Bulgaria tracks changes in the prices of educational goods and services in Bulgaria. This metric is crucial for understanding inflation and cost-of-living dynamics in the Bulgarian education 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 Harmonized Index of Consumer Prices: Education for Bulgaria is a key indicator of educational costs and price trends in the country. It is used by policymakers, economists, and analysts to assess the affordability of education and monitor inflationary pressures in this important sector.
Methodology
The data is collected through surveys of educational institutions and households and calculated according to Eurostat's harmonized methodology.
Historical Context
This index provides essential context for evaluating Bulgaria's education policies and the state of its education system within the broader economy.
Key Facts
- The index has a base year of 2015.
- Education accounts for approximately 3% of the Bulgarian consumer price index basket.
- Prices for educational goods and services in Bulgaria have risen by 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Education for Bulgaria measures changes in the prices of educational goods and services purchased by households in Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for understanding inflation and cost-of-living dynamics in the Bulgarian education sector, which is essential information for policymakers, economists, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of educational institutions and households and calculated according to Eurostat's harmonized methodology for consumer price indices.
Q: How is this trend used in economic policy?
A: This index provides essential context for evaluating Bulgaria's education policies and the state of its education system within the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months, and the methodology aligns with Eurostat's harmonized standards for consumer price indices.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Education for Bulgaria (CP1000BGM086NEST), retrieved from FRED.