Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for Slovakia
CP0915SKM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
157.01
Year-over-Year Change
8.21%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Repair of Audio-Visual, Photographic and Information Processing Equipment in Slovakia measures the inflation rate in this 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 is a key economic indicator used to track changes in the general price level of consumer goods and services. The Repair of Audio-Visual, Photographic and Information Processing Equipment index specifically measures inflation in the cost of repairing these types of electronic devices in Slovakia.
Methodology
The data is collected through surveys of consumer prices.
Historical Context
This index helps analysts and policymakers understand broader inflationary trends and consumer behavior in Slovakia.
Key Facts
- The base year for this index is 2015.
- Slovakia joined the Eurozone in 2009.
- Audio-visual equipment makes up a small portion of household budgets.
FAQs
Q: What does this economic trend measure?
A: This index measures the inflation rate for the cost of repairing audio-visual, photographic, and information processing equipment in Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer prices and inflationary pressures in the electronics repair market, 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 for this product category.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor inflation and consumer behavior, which informs decisions around monetary policy and other economic interventions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in survey coverage for this specific product category.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for Slovakia (CP0915SKM086NEST), retrieved from FRED.