Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Estonia
CP0910EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.64
Year-over-Year Change
-9.92%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Audio-Visual, Photographic and Information Processing Equipment in Estonia tracks price changes for a basket of consumer goods and services in this category over time.
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 is a key economic indicator used to measure inflation and monitor price stability in the Eurozone. This specific index focuses on prices for a range of electronic and entertainment products commonly purchased by Estonian consumers.
Methodology
The data is collected through a survey of retail outlets and service providers across Estonia.
Historical Context
HICP trends are closely watched by policymakers at the European Central Bank to inform monetary policy decisions.
Key Facts
- Estonia joined the Eurozone in 2011.
- Prices for audio-visual and tech products make up about 3% of the Estonian consumer basket.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Audio-Visual, Photographic and Information Processing Equipment in Estonia tracks price changes over time for a basket of consumer electronics and entertainment products.
Q: Why is this trend relevant for users or analysts?
A: This HICP index is an important indicator of inflation in the Estonian consumer market, providing insights into pricing dynamics for a key product category.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail outlets and service providers across Estonia.
Q: How is this trend used in economic policy?
A: HICP data is closely monitored by the European Central Bank to inform monetary policy decisions aimed at maintaining price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is released monthly by Eurostat with a lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Estonia (CP0910EEM086NEST), retrieved from FRED.