Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for Romania
00XAP0ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
161.56
Year-over-Year Change
6.08%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Romania, excluding mainly administered prices, measures changes in the prices of goods and services purchased by households. This metric is crucial for evaluating the nation's inflation rate and informing economic policymaking.
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 excluding mainly administered prices for Romania tracks the price levels of a representative basket of consumer goods and services, excluding items with government-controlled or heavily regulated pricing. This indicator provides a more accurate representation of underlying inflationary pressures in the Romanian economy.
Methodology
The data is collected by Romania's National Institute of Statistics through a nationwide survey of consumer prices.
Historical Context
This economic indicator is closely monitored by the European Central Bank and other policymakers to assess Romania's progress towards price stability.
Key Facts
- The HICP is a harmonized index used across the European Union.
- Excluding mainly administered prices provides a more accurate measure of underlying inflation.
- Policymakers use this data to evaluate the effectiveness of monetary policy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks changes in the prices of a representative basket of consumer goods and services in Romania, excluding items with government-controlled or heavily regulated pricing.
Q: Why is this trend relevant for users or analysts?
A: The HICP excluding mainly administered prices is a crucial indicator for evaluating Romania's underlying inflationary pressures and informing economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected by Romania's National Institute of Statistics through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by the European Central Bank and other policymakers to assess Romania's progress towards price stability and the effectiveness of monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into Romania's inflationary dynamics.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for Romania (00XAP0ROM086NEST), retrieved from FRED.