Harmonized Index of Consumer Prices: Services Related to Recreation and Personal Care, Excluding Package Holidays and Accommodation for Croatia
SRVRPOHRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165.59
Year-over-Year Change
9.17%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Services Related to Recreation and Personal Care, Excluding Package Holidays and Accommodation for Croatia, tracks changes in consumer prices for these service categories.
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 HICP index measures the price changes over time of a basket of consumer services related to recreation and personal care, excluding package holidays and accommodation, in Croatia. It is a key indicator used by economists and policymakers to monitor inflationary pressures and consumer purchasing power.
Methodology
The data is collected through regular surveys of consumer prices by statistical agencies.
Historical Context
This index provides important context for assessing the overall cost of living and consumer trends in Croatia.
Key Facts
- The base year for this index is 2015.
- Croatia joined the Eurozone in 2023.
- Recreation and personal care services account for around 10% of consumer spending in Croatia.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in consumer prices for services related to recreation and personal care, excluding package holidays and accommodation, in Croatia.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator used to monitor inflationary pressures and consumer purchasing power in Croatia's service sector.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices by statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess the overall cost of living and consumer trends in Croatia, which informs decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical lag of 1-2 months between the reference period and the release date.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services Related to Recreation and Personal Care, Excluding Package Holidays and Accommodation for Croatia (SRVRPOHRM086NEST), retrieved from FRED.