Harmonized Index of Consumer Prices: Communications for Bulgaria
CP0800BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.91
Year-over-Year Change
1.56%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Communications for Bulgaria measures the changes in the prices of communication-related goods and services in the country. This index is a key indicator of inflationary pressures and consumer spending habits 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 inflation used across the European Union. The Communications component of the HICP tracks the prices of items like telephone and internet services, postal charges, and equipment purchases. It provides insights into the cost of living and spending patterns of Bulgarian households.
Methodology
The data is collected through a nationwide survey of consumer prices.
Historical Context
The HICP Communications index is used by policymakers and analysts to assess economic conditions and make informed decisions.
Key Facts
- The base year for the HICP Communications index is 2015.
- Communication costs account for approximately 3.5% of the total Bulgarian consumer basket.
- Prices for this sector 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: Communications for Bulgaria measures the changes in prices for communication-related goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: The HICP Communications index provides important insights into inflationary pressures and consumer spending patterns in the Bulgarian economy, which is relevant for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: The HICP Communications index is used by policymakers and analysts to assess economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis with a typical 2-3 week delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Communications for Bulgaria (CP0800BGM086NEST), retrieved from FRED.