Harmonized Index of Consumer Prices: Education for Croatia
CP1000HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.37
Year-over-Year Change
6.15%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Education in Croatia is a key economic indicator that measures changes in the prices of educational goods and services over time. It provides valuable insights into inflationary pressures and consumer behavior in the education sector.
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 Education in Croatia is a subindex of the broader HICP, which is the standard measure of consumer price inflation used by the European Union. It tracks the prices paid by Croatian households for a basket of educational items, including tuition fees, textbooks, and other supplies. This data is used by policymakers to monitor price stability and inform decisions on economic and social policies.
Methodology
The Croatian Bureau of Statistics collects price data from a sample of educational institutions and retailers to calculate the HICP for Education.
Historical Context
The HICP for Education is an important input for the European Central Bank's monetary policy decisions and can also inform investment and spending choices in the private sector.
Key Facts
- The HICP for Education in Croatia has a base year of 2015.
- Education accounts for approximately 3% of the total HICP basket in Croatia.
- Prices for educational goods and services in Croatia have risen by 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Education in Croatia measures the changes in prices of educational goods and services over time.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Education provides valuable insights into inflationary pressures and consumer behavior in the education sector, which is important for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The Croatian Bureau of Statistics collects price data from a sample of educational institutions and retailers to calculate the HICP for Education.
Q: How is this trend used in economic policy?
A: The HICP for Education is an important input for the European Central Bank's monetary policy decisions and can also inform investment and spending choices in the private sector.
Q: Are there update delays or limitations?
A: The HICP for Education in Croatia is published monthly with a relatively short delay, making it a timely indicator of price changes in the education sector.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Education for Croatia (CP1000HRM086NEST), retrieved from FRED.