Harmonized Index of Consumer Prices: Non-Durable Household Goods for Bulgaria
CP0561BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144.12
Year-over-Year Change
-1.38%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Non-Durable Household Goods for Bulgaria measures the price changes of non-durable household items in Bulgaria over time. This metric is crucial for understanding inflationary pressures and cost-of-living trends in the Bulgarian economy.
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 used across the European Union. The Non-Durable Household Goods component specifically tracks the price changes of disposable, day-to-day household items that are typically replaced frequently, such as cleaning supplies, personal care products, and other non-durable goods.
Methodology
The data is collected through a survey of retail prices from a representative sample of goods and services across Bulgaria.
Historical Context
Policymakers and analysts use this HICP component to assess household purchasing power and inflationary dynamics within the Bulgarian market.
Key Facts
- The base year for the HICP index is 2015 = 100.
- Prices are collected from a sample of 27,000 retail outlets across Bulgaria.
- The non-durable household goods category accounts for around 13% of the total HICP basket in Bulgaria.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Non-Durable Household Goods for Bulgaria measures the price changes over time for disposable, day-to-day household items in Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This HICP component is crucial for understanding inflationary pressures and household purchasing power within the Bulgarian economy.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail prices from a representative sample of goods and services across Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP component to assess household spending patterns and cost-of-living dynamics within the Bulgarian market.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Durable Household Goods for Bulgaria (CP0561BGM086NEST), retrieved from FRED.