Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for Bulgaria
CP0100BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
181.18
Year-over-Year Change
7.56%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Food and Non-Alcoholic Beverages in Bulgaria measures changes in the prices paid by consumers for this basket of goods and services. It is a key indicator of inflationary pressures in the Bulgarian economy.
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 Food and Non-Alcoholic Beverages index tracks the monthly price changes for a representative basket of food and non-alcoholic beverage items consumed by Bulgarian households. It is a critical statistic used by policymakers and analysts to assess cost-of-living dynamics and overall inflation in the country.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
The HICP is used by the European Central Bank to monitor price stability across the Eurozone.
Key Facts
- Bulgaria joined the European Union in 2007.
- Food and non-alcoholic beverages account for over 30% of the Bulgarian CPI basket.
- The HICP is harmonized across EU member states for comparability.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Food and Non-Alcoholic Beverages in Bulgaria tracks monthly changes in the prices paid by consumers for this basket of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The HICP Food and Non-Alcoholic Beverages index is a critical indicator of inflationary pressures and cost-of-living dynamics in the Bulgarian economy, used by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: The HICP is used by the European Central Bank to monitor price stability across the Eurozone, which includes Bulgaria.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with minimal delay, providing timely insight into inflationary trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for Bulgaria (CP0100BGM086NEST), retrieved from FRED.