Harmonized Index of Consumer Prices: Information Processing Equipment for Romania
CP0913ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.85
Year-over-Year Change
2.50%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Information Processing Equipment measures changes in the prices paid by Romanian consumers for computers, tablets, and related digital devices. This key economic indicator helps analysts track inflation and consumer purchasing power.
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 inflation used across the European Union. The Information Processing Equipment sub-index focuses on the prices of technology hardware, which are important for assessing broader consumer trends and the state of the Romanian economy.
Methodology
The data is collected through surveys of consumer prices by Eurostat, the European Union's statistical agency.
Historical Context
Policymakers and economists use the HICP to guide monetary and fiscal policies.
Key Facts
- The HICP is a key measure of inflation used across the European Union.
- The Information Processing Equipment sub-index tracks prices for computers, tablets, and related devices.
- This data helps analysts assess consumer trends and the state of the Romanian economy.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Information Processing Equipment measures changes in the prices paid by Romanian consumers for computers, tablets, and related digital devices.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator helps analysts track inflation and consumer purchasing power in Romania, which is important for guiding monetary and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by Eurostat, the European Union's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the HICP to guide monetary and fiscal policies in Romania and across the European Union.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with minimal delay, providing timely insights into consumer price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Information Processing Equipment for Romania (CP0913ROM086NEST), retrieved from FRED.