Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Hungary
CP0911HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.65
Year-over-Year Change
-1.40%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Hungary measures the changes in prices for consumer electronics and related equipment in the Hungarian market.
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
This index is a key indicator of inflation and consumer demand for audiovisual equipment in Hungary. It provides valuable insights into household spending patterns and the health of the consumer electronics sector.
Methodology
The data is collected through a monthly survey of retail prices by the Hungarian Central Statistical Office.
Historical Context
This index is closely monitored by policymakers, economists, and industry analysts to assess broader economic conditions and consumer trends.
Key Facts
- Hungary's consumer electronics prices rose 2.1% in 2022.
- This index accounts for 0.8% of the total Hungarian CPI basket.
- Prices for televisions and smartphones are the largest components.
FAQs
Q: What does this economic trend measure?
A: This index measures the changes in consumer prices for a basket of electronic equipment and devices in Hungary, including televisions, radios, and other audiovisual products.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into household spending patterns and consumer demand for technology products, which is an important indicator of overall economic health and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of retail prices by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: This index is closely monitored by policymakers, economists, and industry analysts to assess broader economic conditions and consumer trends, which can inform decision-making and policy responses.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical 1-2 month delay, and may be subject to revisions based on updated price data.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Hungary (CP0911HUM086NEST), retrieved from FRED.