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.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Czech Republic (CP0500CZM086NEST), retrieved from FRED.