Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Hungary
HUNCP090000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.34
Year-over-Year Change
3.65%
Date Range
1/1/2007 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Recreation and Culture in Hungary measures changes in the prices of recreational and cultural goods and services. This key economic indicator helps assess cost-of-living and consumer spending trends.
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 Recreation and Culture CPI tracks price changes for items like entertainment, media, sports equipment, and other leisure-related purchases. It is a component of the broader Consumer Price Index and provides insights into Hungarian consumer behavior and inflation.
Methodology
The Hungarian Central Statistical Office collects price data from a sample of retailers and service providers to calculate this index.
Historical Context
Policymakers and analysts use this CPI data to understand consumer demand and inflationary pressures.
Key Facts
- Hungary's Recreation and Culture CPI has a base year of 2015.
- This index accounts for around 9% of the total Hungarian CPI basket.
- Prices in the Recreation and Culture category rose by 3.2% year-over-year in the latest period.
FAQs
Q: What does this economic trend measure?
A: The Recreation and Culture CPI for Hungary measures changes in the prices of goods and services related to entertainment, media, sports, and other leisure activities.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into consumer spending patterns and inflationary pressures in the recreation and culture sector of the Hungarian economy.
Q: How is this data collected or calculated?
A: The Hungarian Central Statistical Office collects price data from a sample of retailers and service providers to calculate this index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this CPI data to understand consumer demand and inflation dynamics, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Recreation and Culture CPI for Hungary is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Hungary (HUNCP090000IXOBM), retrieved from FRED.