Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for Romania
IGDXESROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.15
Year-over-Year Change
5.68%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Non-Energy Industrial Goods, Semi-Durables Only for Romania measures the change in prices for semi-durable consumer goods in Romania, excluding energy costs. This metric is crucial for assessing inflationary pressures and consumer 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 measure of consumer price inflation across European Union countries. The Non-Energy Industrial Goods, Semi-Durables Only indicator tracks price changes for items like clothing, footwear, and other semi-durable household products in Romania. This data helps policymakers and analysts understand the broader inflationary environment.
Methodology
The HICP data is collected through consumer surveys and retail price observations by Romania's National Institute of Statistics.
Historical Context
Policymakers and central banks use this HICP sub-index to guide monetary policy decisions and manage price stability objectives.
Key Facts
- Romania's HICP Non-Energy Industrial Goods, Semi-Durables Only reached a record high of 104.3 in May 2022.
- This index has risen by over 10% year-over-year as of mid-2022, reflecting broader inflationary pressures.
- Clothing and footwear account for the largest share of this HICP sub-index in Romania.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Non-Energy Industrial Goods, Semi-Durables Only for Romania tracks the change in prices for semi-durable consumer goods in the country, excluding energy costs.
Q: Why is this trend relevant for users or analysts?
A: This HICP sub-index is crucial for assessing inflationary pressures and consumer purchasing power in Romania. Policymakers and central banks use this data to guide monetary policy decisions and manage price stability objectives.
Q: How is this data collected or calculated?
A: The HICP data is collected through consumer surveys and retail price observations by Romania's National Institute of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this HICP sub-index to guide monetary policy decisions and manage price stability objectives in Romania.
Q: Are there update delays or limitations?
A: The HICP data is typically published on a monthly basis with a short delay, providing timely insights into Romania's inflationary environment.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for Romania (IGDXESROM086NEST), retrieved from FRED.