Sales: Retail Trade: Total Retail Trade: Value for Hungary
Index Eurostat base, Quarterly, Not Seasonally Adjusted
HUNSLRTTO02IXEBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
208.30
Year-over-Year Change
43.59%
Date Range
1/1/1998 - 7/1/2023
Summary
The Index Eurostat base, Quarterly, Not Seasonally Adjusted trend measures changes in the price level of consumer goods and services in Hungary on a quarterly basis without adjusting for seasonal variations.
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 tracks the overall inflation rate in Hungary using a standardized basket of consumer goods and services. It serves as a key indicator for policymakers and analysts monitoring the state of the Hungarian economy.
Methodology
The data is calculated by Eurostat based on a survey of consumer prices.
Historical Context
This index is closely watched by the Hungarian National Bank and other institutions in assessing economic conditions and informing monetary policy decisions.
Key Facts
- Hungary's inflation rate averaged 4.7% in 2022.
- The index has a base year of 2015 = 100.
- Quarterly data is published approximately 1 month after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base, Quarterly, Not Seasonally Adjusted measures changes in the overall price level of consumer goods and services in Hungary on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation in Hungary, which is closely monitored by policymakers, investors, and economists to assess the state of the Hungarian economy.
Q: How is this data collected or calculated?
A: The data is calculated by Eurostat based on a survey of consumer prices in Hungary.
Q: How is this trend used in economic policy?
A: The Hungarian National Bank and other institutions use this index to inform monetary policy decisions and assess the overall economic conditions in the country.
Q: Are there update delays or limitations?
A: The quarterly data is published approximately 1 month after the end of each quarter.
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Citation
U.S. Federal Reserve, Index Eurostat base, Quarterly, Not Seasonally Adjusted (HUNSLRTTO02IXEBQ), retrieved from FRED.