Harmonized Index of Consumer Prices: Telephone and Telefax Equipment for Denmark
CP0820DKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.10
Year-over-Year Change
4.10%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Telephone and Telefax Equipment in Denmark measures the price changes of communication devices and services in the country. This indicator is closely watched by economists and policymakers to assess inflationary pressures 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across European Union member states. The Telephone and Telefax Equipment category tracks the prices of landline phones, mobile devices, internet access, and related services, providing insights into a key component of household expenditures.
Methodology
The data is collected through surveys of consumer prices and calculated using a weighted average methodology.
Historical Context
This economic indicator informs both monetary and fiscal policy decisions in Denmark and the broader Eurozone.
Key Facts
- Covers landline phones, mobile devices, internet, and related services.
- Provides insights into a key component of household spending in Denmark.
- Closely monitored by policymakers for inflation and consumer demand trends.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Telephone and Telefax Equipment in Denmark measures the price changes of communication devices and services in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched by economists and policymakers to assess inflationary pressures and consumer spending patterns related to telecommunications services and equipment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices and calculated using a weighted average methodology.
Q: How is this trend used in economic policy?
A: This economic indicator informs both monetary and fiscal policy decisions in Denmark and the broader Eurozone.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with limited delays, providing timely insights into this important consumer sector.
Related Trends
Value of Exports to Denmark from Wisconsin
WIDNKA052SCEN
Amount Outstanding of Total Debt Securities for All Issuers, All Maturities, Residence of Issuer in Denmark
TDSAMRIAOAIDK
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Denmark
LFAC25FEDKQ647N
Business Tendency Surveys: Orders Inflow: Economic Activity: Manufacturing: Tendency for Denmark
BSOITE02DKQ460S
Number of Identified Exporters to Denmark from Ohio
OHDNKA475SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Denmark
DNKCPGRSE01GYQ
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Telephone and Telefax Equipment for Denmark (CP0820DKM086NEST), retrieved from FRED.