Harmonized Index of Consumer Prices: Clothing for Bulgaria
CP0310BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.26
Year-over-Year Change
0.69%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Clothing in Bulgaria measures changes in the prices of clothing and footwear items purchased by Bulgarian consumers. This metric is a key indicator of inflationary pressures and consumer spending patterns in the country.
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 Clothing for Bulgaria is a subindex of the overall HICP, which is the standard measure of consumer price inflation across European Union member states. The clothing and footwear category encompasses a wide range of apparel, accessories, and related products purchased by households.
Methodology
The data is collected through surveys of retail establishments and households by the National Statistical Institute of Bulgaria.
Historical Context
Policymakers and economists use the HICP Clothing metric to assess changes in consumer demand and inflationary trends within the Bulgarian economy.
Key Facts
- The HICP Clothing index has a base year of 2015.
- Clothing and footwear account for about 5% of the total HICP basket in Bulgaria.
- Prices are collected from a sample of 2,300 retail outlets across the country.
FAQs
Q: What does this economic trend measure?
A: The HICP Clothing for Bulgaria measures changes in the prices of clothing, footwear, and related items purchased by consumers in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflationary pressures and consumer spending patterns within the Bulgarian economy, providing valuable insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail establishments and households by the National Statistical Institute of Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use the HICP Clothing metric to assess changes in consumer demand and inflationary trends, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP Clothing data for Bulgaria is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Clothing for Bulgaria (CP0310BGM086NEST), retrieved from FRED.