Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Croatia

CP0432HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

173.52

Year-over-Year Change

8.71%

Date Range

1/1/1998 - 6/1/2025

Summary

The Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Croatia measures price changes in services related to maintaining and repairing residential dwellings. This indicator provides insights into inflation in a key component of consumer spending.

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

This index tracks price fluctuations in various household services, including routine maintenance, minor repairs, and decoration costs for Croatian homes and apartments. It is a crucial input for policymakers and economists analyzing the state of the Croatian economy and consumer price dynamics.

Methodology

The data is collected through surveys of consumers and service providers and aggregated by Eurostat.

Historical Context

This index helps assess inflationary pressures and informs monetary policy decisions by the Croatian National Bank.

Key Facts

  • The index is part of the Harmonized Index of Consumer Prices (HICP) for the European Union.
  • Croatia joined the Eurozone in 2023, making this index particularly relevant for monitoring inflation.
  • Services for the maintenance and repair of dwellings account for around 3% of the overall Croatian consumer price index.

FAQs

Q: What does this economic trend measure?

A: This index measures price changes in various household services related to the maintenance and repair of residential dwellings in Croatia.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insights into a key component of consumer spending and helps assess inflationary pressures in the Croatian economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of consumers and service providers and aggregated by Eurostat.

Q: How is this trend used in economic policy?

A: This index helps inform monetary policy decisions by the Croatian National Bank as it analyzes inflationary dynamics.

Q: Are there update delays or limitations?

A: The data is published monthly by Eurostat with a typical lag of around one month.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for Croatia (CP0432HRM086NEST), retrieved from FRED.