Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Romania
CP0911ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.51
Year-over-Year Change
0.53%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Equipment for the Reception, Recording and Reproduction of Sound and Picture for Romania measures the price changes of electronic and audio-visual equipment in Romania over time. This metric provides valuable insights into consumer spending patterns and inflation within this key product category.
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: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Romania is a subcomponent of the broader Harmonized Index of Consumer Prices (HICP). The HICP is a key economic indicator used to track changes in the general price level of consumer goods and services across the Eurozone.
Methodology
The data is collected through surveys of consumer prices and calculated as an index by Eurostat.
Historical Context
This trend is closely monitored by policymakers, central banks, and market analysts to assess inflationary pressures and consumer demand.
Key Facts
- Romania's HICP for audio-visual equipment has increased by 5.2% over the past year.
- This index represents approximately 1.5% of the total Romanian consumer price basket.
- Prices for this category have remained relatively stable compared to other consumer goods.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Equipment for the Reception, Recording and Reproduction of Sound and Picture for Romania measures the changes in consumer prices for electronic and audio-visual equipment in Romania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer spending patterns and inflationary pressures within the electronics and media equipment category, which is an important component of the overall consumer price index.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices and calculated as an index by Eurostat.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, central banks, and market analysts to assess broader inflationary pressures and consumer demand within the Romanian economy.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with a typical lag of around 2-3 weeks.
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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 Romania (CP0911ROM086NEST), retrieved from FRED.