Harmonized Index of Consumer Prices: Spares Parts and Accessories for Personal Transport Equipment for Croatia
CP0721HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.22
Year-over-Year Change
2.92%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Spares Parts and Accessories for Personal Transport Equipment in Croatia measures changes in the prices paid by consumers for these items over time. This trend is an important indicator of inflation and consumer spending patterns.
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 Spares Parts and Accessories for Personal Transport Equipment segment tracks the price changes for replacement parts, accessories, and maintenance supplies for private vehicles.
Methodology
The data is collected through surveys of consumer purchases and calculated as an index relative to a base year.
Historical Context
Policymakers and economists use this HICP trend to understand inflationary pressures and consumer behavior in Croatia's automobile market.
Key Facts
- The base year for this HICP index is 2015.
- Croatia joined the Eurozone in 2023.
- Automobile parts and maintenance costs are a significant household expense.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the prices that Croatian consumers pay for spare parts, accessories, and maintenance supplies for their personal vehicles over time.
Q: Why is this trend relevant for users or analysts?
A: This HICP trend provides insight into inflationary pressures and consumer spending patterns in Croatia's automobile market, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and calculated as an index relative to a 2015 base year.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this HICP trend to monitor inflation and consumer behavior in Croatia's automobile industry, which can inform decisions around monetary, fiscal, and regulatory policies.
Q: Are there update delays or limitations?
A: There may be some delays in data availability or updates, as the HICP is a standardized measure across the Eurozone.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Spares Parts and Accessories for Personal Transport Equipment for Croatia (CP0721HRM086NEST), retrieved from FRED.