Harmonized Index of Consumer Prices: Household Appliances for Czech Republic
CP0530CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.40
Year-over-Year Change
-0.09%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Household Appliances in the Czech Republic measures price changes over time for a basket of household appliances. This provides valuable insights into consumer inflation and purchasing power.
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 Harmonized Index of Consumer Prices (HICP) is a key economic indicator used to assess price stability and guide monetary policy decisions. The Household Appliances component specifically tracks the prices of major home appliances like refrigerators, washing machines, and ovens.
Methodology
The data is collected through a nationwide survey of retail prices.
Historical Context
Policymakers and analysts use this index to understand broader consumer trends and the state of the Czech economy.
Key Facts
- The HICP tracks price changes across a wide range of consumer goods and services.
- Household Appliances account for a notable portion of the average Czech household's expenditures.
- Central banks monitor the HICP to help set appropriate monetary policies.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Household Appliances in the Czech Republic measures the changes in retail prices for a basket of major home appliances over time.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into consumer inflation and purchasing power, which are key considerations for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail prices for household appliances.
Q: How is this trend used in economic policy?
A: Central banks and policymakers closely monitor the Harmonized Index of Consumer Prices, including the Household Appliances component, to help set appropriate monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Harmonized Index of Consumer Prices data is published on a monthly basis with minimal delays, providing timely insights into price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Household Appliances for Czech Republic (CP0530CZM086NEST), retrieved from FRED.