Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Bulgaria
FUELS0BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.84
Year-over-Year Change
-8.30%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Liquid Fuels and Fuels and Lubricants in Bulgaria measures price changes in these key consumer goods over time. This data is critical for economists and policymakers to understand inflationary pressures and household 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 metric used across the European Union to track consumer price inflation. The Liquid Fuels and Fuels and Lubricants index specifically focuses on changes in the costs of transportation fuels and heating oil, which are essential for both businesses and households.
Methodology
The data is collected through a survey of retailers and service providers by Bulgaria's National Statistical Institute.
Historical Context
Policymakers use this HICP index to inform monetary and fiscal policies aimed at stabilizing consumer prices and supporting economic growth.
Key Facts
- The HICP has a base year of 2015 = 100.
- Liquid fuels account for over 60% of this index.
- Bulgaria's HICP for fuels has risen over 50% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Liquid Fuels and Fuels and Lubricants in Bulgaria tracks changes in the prices of transportation fuels and heating oil over time.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for understanding inflationary pressures and the impact on household budgets, as fuel costs are a major component of consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers by Bulgaria's National Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers use this HICP index to inform monetary and fiscal policies aimed at stabilizing consumer prices and supporting economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Bulgaria (FUELS0BGM086NEST), retrieved from FRED.