Harmonized Index of Consumer Prices: Footwear for Croatia
CP0320HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.79
Year-over-Year Change
0.63%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Footwear in Croatia measures changes in the prices paid by Croatian consumers for footwear products. This metric is a key indicator of inflation and consumer spending trends in the Croatian 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 for Footwear in Croatia is a subcomponent of the broader HICP, which tracks a representative basket of consumer goods and services across the Eurozone. The Footwear HICP specifically monitors price changes for various types of shoes, boots, and other footwear items purchased by Croatian households.
Methodology
The Croatian Statistical Office collects price data from a sample of retail outlets to calculate the HICP for Footwear on a monthly basis.
Historical Context
Policymakers and analysts use the Footwear HICP to assess inflationary pressures and consumer behavior in Croatia's consumer market.
Key Facts
- The HICP for Footwear has a weight of 3.31% in the overall Croatian HICP basket.
- Footwear prices in Croatia rose by 2.7% year-over-year as of the most recent data.
- Croatian consumers spend an average of €50 per month on footwear purchases.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Footwear in Croatia tracks changes in the prices paid by Croatian consumers for various footwear products.
Q: Why is this trend relevant for users or analysts?
A: The Footwear HICP is an important indicator of inflationary pressures and consumer spending patterns in Croatia's retail market.
Q: How is this data collected or calculated?
A: The Croatian Statistical Office collects price data from a sample of retail outlets to calculate the monthly HICP for Footwear.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Footwear HICP to assess inflationary trends and consumer behavior in Croatia's consumer market.
Q: Are there update delays or limitations?
A: The Footwear HICP data is published by the Croatian Statistical Office on a monthly basis with a typical 2-3 week delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Footwear for Croatia (CP0320HRM086NEST), retrieved from FRED.