Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Portugal
CP0910PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.82
Year-over-Year Change
-4.83%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Audio-Visual, Photographic and Information Processing Equipment in Portugal measures the changes in prices for a basket of these consumer goods and services over time. This index is a key indicator of inflation and consumer spending trends in the Portuguese 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 HICP is a standardized measure of consumer price inflation across European Union countries. The Audio-Visual, Photographic and Information Processing Equipment index specifically tracks price changes for a representative sample of these types of products purchased by Portuguese households.
Methodology
The data is collected through surveys of consumer expenditures and retail prices.
Historical Context
Policymakers and analysts use this HICP index to assess inflationary pressures and consumer behavior in the Portuguese technology and electronics market.
Key Facts
- Portugal's HICP for Audio-Visual and IT equipment has increased by 2.3% over the past year.
- This index accounts for approximately 3.5% of the total Portuguese consumer price basket.
- Prices for these products have become more volatile in recent years due to supply chain disruptions.
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 Portugal measures changes in the prices paid by Portuguese consumers for these types of products.
Q: Why is this trend relevant for users or analysts?
A: This HICP index provides important insights into inflationary pressures and consumer spending patterns within the Portuguese technology and electronics market, which is valuable information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and retail prices across Portugal.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this HICP index to monitor inflation and assess the state of consumer demand in the Portuguese technology and electronics sector, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the release of the latest HICP data for Portugal, and the index may not capture all price changes due to the sampling methodology.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Portugal (CP0910PTM086NEST), retrieved from FRED.