Harmonized Index of Consumer Prices: Industrial Goods for Croatia
IGOODSHRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.09
Year-over-Year Change
0.76%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Industrial Goods for Croatia measures the changes in prices of non-food, non-energy industrial products purchased by Croatian consumers. It is a key indicator of 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The industrial goods component tracks the prices of manufactured products like clothing, appliances, and durable goods, providing insights into broader economic conditions.
Methodology
The data is collected through surveys of retailers and service providers across Croatia.
Historical Context
Policymakers use this index to guide monetary and fiscal policies aimed at maintaining price stability.
Key Facts
- The base year for the index is 2015 = 100.
- Croatia joined the Eurozone in 2023, integrating its inflation monitoring with the European Central Bank.
- Industrial goods account for approximately 25% of the overall Croatian consumer price index.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Industrial Goods for Croatia measures the changes in prices of non-food, non-energy industrial products purchased by Croatian consumers.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into broader inflationary pressures and consumer purchasing power in Croatia, which is important for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across Croatia.
Q: How is this trend used in economic policy?
A: Policymakers use this index to guide monetary and fiscal policies aimed at maintaining price stability in the Croatian economy.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical 2-3 week delay.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Croatia
IDS1YMAORIAIHR
Outstanding Total International Debt Securities to GDP for Croatia
DDDM07HRA156NWDB
Number of Identified Exporters to Croatia from Rhode Island
RIHRVA475SCEN
Amount Outstanding of Domestic Money Market instruments in Non-Financial Corporations Sector, Short-Term at Original Maturity, Residence of Issuer in Croatia
DMMISTRIAONCHR
Number of Identified Exporters to Croatia from California
CAHRVA475SCEN
Harmonized Index of Consumer Prices: Garments for Croatia
CP0312HRM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Industrial Goods for Croatia (IGOODSHRM086NEST), retrieved from FRED.