Harmonized Index of Consumer Prices: Operation of Personal Transport Equipment for Croatia
CP0720HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.90
Year-over-Year Change
1.32%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Operation of Personal Transport Equipment in Croatia measures changes in the prices paid by Croatian consumers for the operation and maintenance of personal vehicles.
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 key economic indicator used to track inflation across the European Union. The Operation of Personal Transport Equipment index specifically monitors price fluctuations for items like fuel, spare parts, and repairs for private automobiles.
Methodology
The data is collected through surveys of consumer prices by Croatia's national statistical agency.
Historical Context
Policymakers and economists analyze HICP data to assess domestic price pressures and guide macroeconomic decisions.
Key Facts
- The HICP is harmonized across EU member states.
- Transportation accounts for a significant portion of the average Croatian household budget.
- This index has been published monthly since 1996.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Operation of Personal Transport Equipment in Croatia measures changes in the prices paid by Croatian consumers for the operation and maintenance of private vehicles.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures in Croatia, providing insights into a significant component of household spending that is relevant for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by Croatia's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP data to assess domestic price dynamics and make informed decisions regarding monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data for Croatia is published monthly with minimal delays, providing timely information on inflationary trends in the operation of personal transport equipment.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Operation of Personal Transport Equipment for Croatia (CP0720HRM086NEST), retrieved from FRED.