Harmonized Index of Consumer Prices: Transport Services for Croatia
CP0730HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.90
Year-over-Year Change
-1.02%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Transport Services for Croatia measures changes in the prices of transportation services in Croatia. It is a key indicator of inflation and consumer spending trends.
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 comprehensive measure of consumer price inflation in the European Union. The Transport Services index specifically tracks the cost of services like public transportation, taxis, and intercity travel within Croatia.
Methodology
The data is collected through surveys of consumer purchases and calculated by Eurostat, the statistical office of the European Union.
Historical Context
The HICP Transport Services index is used by policymakers and analysts to assess economic conditions and guide monetary and fiscal policies.
Key Facts
- Croatia joined the European Union in 2013.
- Transportation accounts for around 15% of the typical Croatian consumer's spending.
- Prices for transport services in Croatia have risen by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Transport Services for Croatia measures changes in the prices of transportation services and goods in Croatia.
Q: Why is this trend relevant for users or analysts?
A: The HICP Transport Services index is a key indicator of inflation and consumer spending patterns, which are important for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the HICP Transport Services index to assess broader economic conditions and guide monetary and fiscal policies.
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: Transport Services for Croatia (CP0730HRM086NEST), retrieved from FRED.