Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for Croatia
GOODS0HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.33
Year-over-Year Change
2.85%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for Croatia tracks changes in the prices of goods purchased by Croatian households, excluding 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
This index measures the inflation of consumer goods in Croatia, providing insights into price dynamics and consumer purchasing power. It is a key indicator used by policymakers and economists to analyze inflationary pressures and guide economic decision-making.
Methodology
The data is collected through a comprehensive survey of consumer prices across Croatia.
Historical Context
This index is utilized by the European Central Bank and Croatian National Bank to inform monetary policy and assess the state of the Croatian economy.
Key Facts
- Croatia joined the Eurozone in 2023.
- Goods account for around 60% of the overall consumer price index in Croatia.
- The base year for the index is 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for Croatia measures changes in the prices of consumer goods purchased by Croatian households, excluding services.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflationary pressures in the Croatian economy, providing insights into consumer purchasing power and price dynamics that are crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through a comprehensive survey of consumer prices across Croatia.
Q: How is this trend used in economic policy?
A: The Croatian National Bank and European Central Bank utilize this index to inform monetary policy and assess the state of the Croatian economy.
Q: Are there update delays or limitations?
A: The index is updated regularly, with the latest data typically available within a few months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for Croatia (GOODS0HRM086NEST), retrieved from FRED.