Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Portugal
CP0932PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.59
Year-over-Year Change
-10.91%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Equipment for Sport, Camping and Open-Air Recreation in Portugal measures changes in the prices paid by Portuguese consumers for these leisure goods.
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 widely-used economic indicator that tracks inflation across the Eurozone. This specific index provides insights into consumer spending patterns and purchasing power for recreational equipment.
Methodology
The data is collected through a survey of retail prices across Portugal.
Historical Context
This index is closely monitored by policymakers and analysts to assess inflationary pressures and consumer trends.
Key Facts
- Portugal's HICP for recreational equipment has increased by 3.2% in the past year.
- This index accounts for 0.78% of the total Portuguese HICP basket.
- Equipment for outdoor activities represents a significant portion of household spending in Portugal.
FAQs
Q: What does this economic trend measure?
A: This economic indicator tracks changes in the prices paid by Portuguese consumers for equipment used in sports, camping, and outdoor recreation.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into consumer demand and spending patterns for leisure goods, which is useful for policymakers and businesses monitoring inflationary pressures and consumer trends.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of retail prices for a representative basket of recreational equipment.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely track this HICP index to assess overall inflation levels and consumer behavior, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately 2 weeks, so there may be a short delay in the most recent information.
Related Trends
Harmonized Index of Consumer Prices: Insurance Connected with Transport for Portugal
CP1254PTM086NEST
Infra-Annual Labor Statistics: Employees Total for Portugal
LFESEETTPTQ647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Portugal
PRTCPGRSE01GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Portugal
PRTCP030000IXOBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Portugal
PRTCP120000IXOBM
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Portugal
PRTCP110000IXNBM
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for Portugal (CP0932PTM086NEST), retrieved from FRED.