Harmonized Index of Consumer Prices: Other Articles of Clothing and Clothing Accessories for Croatia
CP0313HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.02
Year-over-Year Change
1.56%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Other Articles of Clothing and Clothing Accessories measures price changes in Croatia. It is a key indicator of inflation and a valuable tool for policymakers and economists analyzing consumer spending patterns.
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 for Other Articles of Clothing and Clothing Accessories represents the price changes of various clothing items, accessories, and related services in Croatia. It is part of the broader HICP index, which is used to track and compare inflation across European Union member states.
Methodology
The data is collected through surveys of consumer prices by Croatia's national statistical office.
Historical Context
The HICP index is used by the European Central Bank to assess price stability and inform monetary policy decisions.
Key Facts
- Croatia is a member of the European Union.
- The HICP index uses a harmonized methodology across EU countries.
- Clothing and accessories account for a significant portion of consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Other Articles of Clothing and Clothing Accessories measures the price changes of various clothing items, accessories, and related services in Croatia.
Q: Why is this trend relevant for users or analysts?
A: The HICP for clothing and accessories is a key indicator of inflation and consumer spending patterns, providing valuable insights for policymakers and economists analyzing the Croatian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by Croatia's national statistical office.
Q: How is this trend used in economic policy?
A: The HICP index is used by the European Central Bank to assess price stability and inform monetary policy decisions across the European Union.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis, with some potential delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Other Articles of Clothing and Clothing Accessories for Croatia (CP0313HRM086NEST), retrieved from FRED.