Harmonized Index of Consumer Prices: Newspapers, Books and Stationery for Norway
CP0950NOM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.20
Year-over-Year Change
7.01%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Newspapers, Books and Stationery for Norway tracks the prices of newspapers, books, and stationery products in Norway. This measure is important for economists and policymakers to understand trends in consumer spending and inflation.
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 Harmonized Index of Consumer Prices (HICP) is a consumer price index that provides a comprehensive and reliable measure of inflation in the Eurozone. The Newspapers, Books and Stationery component specifically tracks the prices of these products in Norway, offering insights into consumer behavior and price dynamics in this category.
Methodology
The data is collected through surveys of retailers and service providers across Norway.
Historical Context
Policymakers and market analysts use this HICP component to assess inflationary pressures and consumer spending patterns in the Norwegian economy.
Key Facts
- Norway's HICP for Newspapers, Books and Stationery has a base year of 2015.
- This index is published monthly by the Norwegian Statistical Institute.
- The Newspapers, Books and Stationery category accounts for around 2% of the total Norwegian consumer basket.
FAQs
Q: What does this economic trend measure?
A: This trend measures the Harmonized Index of Consumer Prices (HICP) for newspapers, books, and stationery products in Norway.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into inflationary pressures and consumer spending patterns in the Norwegian economy, which is valuable information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Norway.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this HICP component to assess inflationary pressures and consumer spending patterns in the Norwegian economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the Norwegian Statistical Institute with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Newspapers, Books and Stationery for Norway (CP0950NOM086NEST), retrieved from FRED.