Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for Romania
CP0915ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.67
Year-over-Year Change
9.22%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Repair of Audio-Visual, Photographic and Information Processing Equipment measures changes in the prices paid by Romanian consumers for these services. It is a key indicator of inflation and consumer spending trends.
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 Repair of Audio-Visual, Photographic and Information Processing Equipment component tracks price changes for maintenance and repair services related to these electronic devices.
Methodology
The Romanian National Institute of Statistics collects price data through surveys of retail establishments to calculate this HICP subindex.
Historical Context
Policymakers and analysts use this HICP component to assess inflationary pressures and consumer behavior in the electronics services sector.
Key Facts
- Romania's HICP for electronics repair was 107.31 in January 2023.
- This HICP component has risen by 7.31% since the base year of 2015.
- The electronics repair HICP is a subindex of the overall Romanian HICP.
FAQs
Q: What does this economic trend measure?
A: This HICP subindex measures changes in the prices Romanian consumers pay for repair and maintenance services related to audio-visual, photographic, and information processing equipment.
Q: Why is this trend relevant for users or analysts?
A: The electronics repair HICP is an important indicator of inflationary pressures and consumer spending patterns in the technology services sector of the Romanian economy.
Q: How is this data collected or calculated?
A: The Romanian National Institute of Statistics collects price data through surveys of retail establishments to calculate this HICP subindex.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP component to assess inflationary trends and consumer behavior in the electronics services market, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: This HICP data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for Romania (CP0915ROM086NEST), retrieved from FRED.