Harmonized Index of Consumer Prices: Telephone and Telefax Equipment for Croatia
CP0820HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
81.35
Year-over-Year Change
-12.04%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Telephone and Telefax Equipment in Croatia measures the changes in the prices of these products over time. This indicator provides insight into the costs faced by Croatian consumers for communication technologies.
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 key economic indicator used to assess inflation and price stability within the European Union. The Telephone and Telefax Equipment component tracks the prices of devices and services related to communication technology in Croatia.
Methodology
The data is collected through surveys of retail prices and compiled by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and analysts use this HICP component to understand trends in consumer spending and the affordability of communication technologies.
Key Facts
- The base year for this HICP index is 2015.
- Croatia joined the European Union in 2013.
- Communication technologies are a major component of household budgets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the changes in prices for telephone and telefax equipment in Croatia as part of the Harmonized Index of Consumer Prices (HICP).
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides insight into the affordability of communication technologies for Croatian consumers, which is an important factor for assessing inflation and consumer purchasing power.
Q: How is this data collected or calculated?
A: The data is collected through retail price surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP component to understand trends in consumer spending and the overall cost of living in Croatia.
Q: Are there update delays or limitations?
A: This HICP data is published monthly by Eurostat with typical release lags of 1-2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Telephone and Telefax Equipment for Croatia (CP0820HRM086NEST), retrieved from FRED.