Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for Croatia
CP1212HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.22
Year-over-Year Change
2.08%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Electrical Appliances for Personal Care and Other Appliances, Articles and Products for Personal Care in Croatia tracks changes in the prices of these consumer goods over time. This index is a key economic indicator used to monitor inflation and consumer spending patterns.
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 European Union countries. The Personal Care HICP provides insights into price trends for a basket of personal hygiene, grooming, and health-related products, which are important components of household budgets and consumer demand.
Methodology
The data is collected through surveys of retail prices from a representative sample of outlets.
Historical Context
Policymakers and analysts use this HICP index to assess inflationary pressures and consumer behavior in Croatia's personal care products market.
Key Facts
- The base year for this HICP index is 2015.
- Croatia joined the European Union in 2013.
- Personal care products account for around 3% of Croatian household consumption.
FAQs
Q: What does this economic trend measure?
A: This HICP index measures the changes in consumer prices for electrical appliances, articles, and other products used for personal care and hygiene in Croatia.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and consumer spending patterns for personal care products, which are a key component of household budgets and consumer demand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices from a representative sample of outlets in Croatia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP index to assess inflationary trends and consumer behavior in Croatia's personal care products market, which informs economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is typically published with a 1-2 month delay and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for Croatia (CP1212HRM086NEST), retrieved from FRED.