Harmonized Index of Consumer Prices: Water Supply for Slovakia
CP0441SKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.67
Year-over-Year Change
11.28%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Water Supply in Slovakia measures changes in the prices paid by consumers for water supply services. This metric is important for economists and policymakers to track inflationary pressures and 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 Water Supply in Slovakia is a component of the overall HICP, which is the key inflation measure used by the European Union. It provides insights into how the cost of water supply services is evolving over time and can inform decisions around utility pricing, consumer welfare, and macroeconomic policy.
Methodology
The data is collected through surveys of Slovakian households and businesses by the Statistical Office of the Slovak Republic.
Historical Context
The HICP for Water Supply is used by the European Central Bank and other policymakers to assess price stability and make monetary policy decisions.
Key Facts
- The base year for the HICP for Water Supply in Slovakia is 2015.
- Water supply accounts for around 2.5% of the total Slovak HICP basket.
- Prices for water supply in Slovakia have risen by an average of 3.2% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Water Supply in Slovakia measures changes in the prices paid by consumers for water supply services in the country.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Water Supply is an important indicator of inflationary pressures and consumer spending patterns, which are relevant for economic policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Slovakian households and businesses by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: The HICP for Water Supply is used by the European Central Bank and other policymakers to assess price stability and make monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Water Supply in Slovakia is published monthly with a typical lag of around 2-3 weeks.
Related Trends
Production: Manufacturing: Investment Goods: Total for Slovak Republic
SVKPRMNVG01IXOBSAM
Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Slovak Republic
IRSTCI01SKM156N
Business Tendency Surveys: Composite Business Confidence: Economic Activity: Services for Slovak Republic
BVCICP02SKM460S
Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Slovak Republic
LREM25TTSKA156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Slovak Republic
SVKCP030000CTGYM
Producer Prices Index: Economic Activities: Mining and Quarrying Activities: Domestic for Slovak Republic
SVKPIEAMI02GPQ
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Water Supply for Slovakia (CP0441SKM086NEST), retrieved from FRED.