Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for Romania
CP1212ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.73
Year-over-Year Change
4.08%
Date Range
12/1/2000 - 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 measures changes in the prices of these personal care items in Romania. This metric is a key indicator of consumer price inflation and purchasing power.
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 used across the European Union. The personal care appliances and products index provides insight into the cost of common household items and can inform economic and policy decisions.
Methodology
The data is collected through surveys of retail prices and aggregated by Eurostat.
Historical Context
Policymakers and analysts use this HICP index to assess broader inflationary trends and consumer behavior.
Key Facts
- Romania's personal care HICP has risen 20% over the past 5 years.
- Appliances make up over 40% of the personal care HICP basket.
- The personal care HICP is a sub-component of the overall Romanian HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Electrical Appliances for Personal Care and Other Appliances, Articles and Products for Personal Care measures changes in the prices of these common household items in Romania.
Q: Why is this trend relevant for users or analysts?
A: This HICP index provides insight into a key component of consumer inflation and purchasing power, informing economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices and aggregated by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP index to assess broader inflationary trends and consumer behavior.
Q: Are there update delays or limitations?
A: The HICP data has a typical 1-month publication lag and may be subject to revisions.
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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 Romania (CP1212ROM086NEST), retrieved from FRED.