Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Czech Republic
CP0500CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.50
Year-over-Year Change
2.13%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Furnishings, Household Equipment and Routine Household Maintenance tracks price changes in these household goods and services in the Czech Republic.
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 is a standardized measure of consumer price inflation used across European Union countries. This specific index focuses on prices related to furnishings, appliances, and household maintenance, providing insight into consumer spending patterns and household budgets.
Methodology
The data is collected through surveys of consumer expenditures and prices.
Historical Context
Policymakers and analysts use this index to monitor inflationary pressures and inform economic decision-making.
Key Facts
- The index is based on 2015 as the reference year.
- Household furnishings and appliances account for over 6% of the Czech consumer price index.
- Prices in this category have risen by an average of 2.3% per year since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in consumer prices for furnishings, household equipment, and routine household maintenance in the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into household budgets and inflationary pressures, which are important for policymakers and economists to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor inflationary pressures and inform economic decision-making.
Q: Are there update delays or limitations?
A: There may be a lag of several months in the availability of the latest data.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Czech Republic (CP0500CZM086NEST), retrieved from FRED.