Harmonized Index of Consumer Prices: Recreation and Culture for Hungary
CP0900HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.16
Year-over-Year Change
4.02%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Recreation and Culture for Hungary measures price changes in recreational and cultural goods and services in the country. This key economic indicator provides insights into 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 HICP: Recreation and Culture is a component of the broader HICP, which tracks price inflation across a basket of consumer goods and services in European Union member states. This specific index focuses on the recreation and culture sector, including items like sports equipment, toys, books, and cultural activities.
Methodology
The data is collected through surveys of consumer prices by the Hungarian Central Statistical Office.
Historical Context
Policymakers and analysts use this index to assess the health of the Hungarian economy and consumer demand.
Key Facts
- The index is part of the broader Harmonized Index of Consumer Prices (HICP).
- It covers a range of recreational and cultural goods and services in Hungary.
- The data is collected monthly by the Hungarian Central Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Recreation and Culture for Hungary measures price changes in recreational and cultural goods and services within the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into inflationary pressures and consumer spending patterns in the recreation and culture sector, which is an important component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the health of the Hungarian economy and consumer demand, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays, providing timely information on price trends in the recreation and culture sector.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Recreation and Culture for Hungary (CP0900HUM086NEST), retrieved from FRED.