Harmonized Index of Consumer Prices: Telephone and Telefax Equipment and Services for Croatia
CP8283HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.26
Year-over-Year Change
0.24%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Telephone and Telefax Equipment and Services in Croatia measures changes in the prices paid by Croatian consumers for these telecommunication products and services.
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 key economic indicator used to track inflation and price changes across the European Union. The Telephone and Telefax Equipment and Services index is one of the many sub-components that make up the overall HICP, providing insight into a specific sector of the Croatian consumer economy.
Methodology
This data is collected through surveys of Croatian consumers and businesses by the Croatian Bureau of Statistics.
Historical Context
Policymakers and economists use this index to assess inflationary pressures and consumer behavior in the telecommunications market.
Key Facts
- Croatia joined the European Union in 2013.
- Telecommunications is a key sector of the Croatian economy.
- The HICP is measured monthly across the EU.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Croatian consumers for telephone and telefax equipment and services.
Q: Why is this trend relevant for users or analysts?
A: The Telephone and Telefax HICP provides insights into inflationary pressures and consumer behavior in Croatia's telecommunications market, which is an important sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected through consumer and business surveys by the Croatian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess inflation and consumer trends in Croatia's telecommunications industry, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly, but there may be a short delay in availability.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Telephone and Telefax Equipment and Services for Croatia (CP8283HRM086NEST), retrieved from FRED.