Harmonized Index of Consumer Prices: Bread and Cereals for Croatia
CP0111HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.38
Year-over-Year Change
1.14%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Bread and Cereals for Croatia measures the changes in prices for bread, cereal, and related products in the Croatian consumer market. This indicator is crucial for policymakers and economists to assess inflationary pressures and consumer 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 Harmonized Index of Consumer Prices (HICP) is a standardized metric used across the European Union to track changes in the prices of consumer goods and services. The Bread and Cereals component specifically monitors a basket of staple food items that are essential for household budgets.
Methodology
The data is collected through regular surveys of retail prices in Croatia.
Historical Context
Trends in the Bread and Cereals HICP provide insights into broader patterns of consumer inflation that inform monetary and fiscal policies.
Key Facts
- The Bread and Cereals HICP is a component of the overall Croatian HICP.
- Prices are surveyed across a range of retail outlets in Croatia.
- This indicator helps track changes in the cost of living for Croatian households.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Bread and Cereals for Croatia measures the changes in prices for a basket of bread, cereal, and related food products in the Croatian consumer market.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into inflationary pressures and consumer purchasing power, which are crucial for policymakers and economists analyzing the Croatian economy.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail prices for a representative basket of bread and cereal products across Croatia.
Q: How is this trend used in economic policy?
A: Trends in the Bread and Cereals HICP help inform monetary and fiscal policies by signaling changes in the cost of living and consumer inflation in Croatia.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis, but there may be occasional delays or revisions due to the complexities of data collection across the EU.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Bread and Cereals for Croatia (CP0111HRM086NEST), retrieved from FRED.