Harmonized Index of Consumer Prices: Repair of Household Appliances for Croatia
CP0533HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.95
Year-over-Year Change
7.41%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Repair of Household Appliances in Croatia is a key economic indicator that tracks inflation in the cost of repairing and maintaining household appliances.
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 across European Union countries. The Repair of Household Appliances index specifically looks at changes in the prices charged for services to repair, maintain, and install common household appliances.
Methodology
The data is collected through regular surveys of consumer prices by national statistical agencies.
Historical Context
This inflation metric is used by policymakers and economists to assess price trends and cost-of-living changes.
Key Facts
- Croatia's HICP for Repair of Household Appliances is tracked by the Federal Reserve.
- This index is a component of the overall Harmonized Index of Consumer Prices.
- Inflation in appliance repair costs can impact household budgets and spending.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Repair of Household Appliances in Croatia tracks changes in the prices consumers pay for repairing and maintaining common household appliances.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures on a key household expense, which can inform policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer price surveys conducted by Croatia's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this HICP component to assess broader cost-of-living changes and the health of the Croatian consumer economy.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a short lag, providing timely insights into appliance repair inflation.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Repair of Household Appliances for Croatia (CP0533HRM086NEST), retrieved from FRED.