Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Romania
CP0933ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
184.69
Year-over-Year Change
9.85%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Romania tracks changes in the prices paid by Romanian consumers for these goods and services. This data is crucial for understanding inflationary trends and consumer spending patterns within the Romanian economy.
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 the European Union. The Gardens, Plants and Flowers category provides insight into Romanian household spending on outdoor living and gardening products, which can inform economic analysis and policymaking.
Methodology
The data is collected through a survey of retail establishments and service providers across Romania.
Historical Context
Policymakers and analysts use this HICP data to gauge domestic economic conditions and the overall cost of living in Romania.
Key Facts
- The HICP is a key indicator of inflation in the Eurozone.
- Romania joined the European Union in 2007.
- Gardening and outdoor living are important parts of Romanian culture.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Romania tracks changes in the prices paid by Romanian consumers for these goods and services.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into inflationary trends and consumer spending patterns within the Romanian economy, which is valuable for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail establishments and service providers across Romania.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP data to gauge domestic economic conditions and the overall cost of living in Romania.
Q: Are there update delays or limitations?
A: The HICP data is published regularly by the European Union, but may be subject to minor delays or revisions.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Romania (CP0933ROM086NEST), retrieved from FRED.