Harmonized Index of Consumer Prices: Games, Toys and Hobbies for Austria
CP0931ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.56
Year-over-Year Change
0.34%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Games, Toys and Hobbies in Austria measures the change in prices for this consumer goods category over time. This metric is closely watched by economists and policymakers to understand inflationary pressures and consumer behavior.
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 for Games, Toys and Hobbies is part of the broader HICP index, which tracks price changes across a basket of consumer goods and services in Austria. This specific subindex provides insights into the affordability and demand for recreational products, an important component of household spending.
Methodology
The data is collected through surveys of consumer prices by the Austrian national statistical agency.
Historical Context
Central banks and government agencies use HICP data to inform monetary and fiscal policy decisions.
Key Facts
- The HICP for Games, Toys and Hobbies represents about 3% of the total Austrian consumer price index.
- Prices in this category have risen by an average of 1.5% annually over the past decade.
- Consumer demand for recreational goods is closely tied to economic conditions and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Games, Toys and Hobbies measures the change in prices over time for this category of consumer goods in Austria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into inflationary pressures and consumer demand for recreational products, which is a key component of household spending.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by the Austrian national statistical agency.
Q: How is this trend used in economic policy?
A: Central banks and government agencies use HICP data, including this subindex, to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a short lag, providing timely information on price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Games, Toys and Hobbies for Austria (CP0931ATM086NEST), retrieved from FRED.