Harmonized Index of Consumer Prices: Heat Energy for Bulgaria
CP0455BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.51
Year-over-Year Change
-7.17%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Heat Energy measures the price changes of heating for households in Bulgaria. This data point is crucial for understanding inflation and cost-of-living trends 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 for Heat Energy is a subcomponent of the broader HICP, which tracks changes in the prices paid by consumers for a basket of goods and services. This specific series focuses on the price of domestic heating, a key household expense that can significantly impact consumer budgets.
Methodology
The data is collected through surveys of energy providers and households.
Historical Context
Policymakers and analysts use this metric to assess inflationary pressures and the affordability of basic necessities.
Key Facts
- HICP measures price changes for a fixed basket of consumer goods and services.
- Heat energy is a major household expense in Bulgaria.
- The series dates back to 1996.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Heat Energy measures the price changes of heating for households in Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This data point is crucial for understanding inflation and cost-of-living trends in Bulgaria, as heating is a significant household expense.
Q: How is this data collected or calculated?
A: The data is collected through surveys of energy providers and households.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess inflationary pressures and the affordability of basic necessities.
Q: Are there update delays or limitations?
A: The series dates back to 1996 and is updated regularly by the data provider.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Heat Energy for Bulgaria (CP0455BGM086NEST), retrieved from FRED.