Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Seasonal Food for Ireland
00XESEIEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.60
Year-over-Year Change
1.79%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Seasonal Food for Ireland tracks changes in the cost of living for Irish consumers, excluding volatile energy and food prices.
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 is a key indicator of underlying inflation in Ireland, providing insights into the broader price trends within the economy. It is used by policymakers and analysts to assess the effectiveness of monetary and fiscal policies.
Methodology
The data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
The index is an important input for the European Central Bank's monetary policy decisions.
Key Facts
- Excludes volatile energy and seasonal food prices.
- Provides insights into underlying price trends in Ireland.
- Used by policymakers to assess the effectiveness of economic policies.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Seasonal Food for Ireland measures changes in the cost of living for Irish consumers, excluding volatile energy and food prices.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of underlying inflation in Ireland, providing important insights for policymakers and analysts assessing the broader price trends within the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The index is an important input for the European Central Bank's monetary policy decisions, as it helps assess the effectiveness of policies aimed at stabilizing prices and supporting economic growth.
Q: Are there update delays or limitations?
A: The index is published monthly, with data typically available within a few weeks of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Seasonal Food for Ireland (00XESEIEM086NEST), retrieved from FRED.