Harmonized Index of Consumer Prices: Glassware, Tableware and Household Utensils for Croatia
CP0540HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.43
Year-over-Year Change
-1.14%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Glassware, Tableware and Household Utensils for Croatia measures the price changes of these household goods over time. This metric is a key indicator of consumer inflation and purchasing power in Croatia.
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 standardized measure of consumer price inflation across European Union countries. The Glassware, Tableware and Household Utensils component tracks the prices of these everyday household items, providing insights into consumer spending patterns and domestic economic conditions.
Methodology
The data is collected through surveys of retail establishments and calculated using a fixed-basket approach.
Historical Context
Policymakers and economists analyze HICP data to inform monetary and fiscal policies that stabilize prices and support consumer demand.
Key Facts
- Croatia joined the Eurozone in 2023.
- Glassware and tableware account for 0.78% of the Croatian consumer price index basket.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Glassware, Tableware and Household Utensils for Croatia measures the price changes of these everyday household goods over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and domestic economic conditions in Croatia, which is important for policymakers and economists analyzing inflation and supporting consumer demand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated using a fixed-basket approach.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze HICP data to inform monetary and fiscal policies that stabilize prices and support consumer demand.
Q: Are there update delays or limitations?
A: HICP data is released monthly by Eurostat with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Glassware, Tableware and Household Utensils for Croatia (CP0540HRM086NEST), retrieved from FRED.