Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Unprocessed Food for European Union
00XFUNEUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.51
Year-over-Year Change
2.63%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Energy and Unprocessed Food is a key economic indicator that measures inflation in the European Union, excluding the volatile components of energy and unprocessed 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
The HICP Excluding Energy and Unprocessed Food is a subcategory of the broader HICP, which is the standard measure of inflation used by the European Central Bank to assess price stability across the Eurozone. This core inflation metric provides a more stable and representative gauge of underlying price trends compared to the headline HICP.
Methodology
The data is collected and calculated by Eurostat based on a harmonized methodology across EU member states.
Historical Context
Policymakers and analysts closely monitor this index to understand inflationary pressures and inform monetary policy decisions.
Key Facts
- The HICP Excluding Energy and Unprocessed Food is published monthly by Eurostat.
- This index is a key input for the European Central Bank's monetary policy decisions.
- It excludes the most volatile components of the overall HICP to provide a better signal of underlying price pressures.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Energy and Unprocessed Food measures the changes in the prices of a basket of consumer goods and services in the European Union, excluding the volatile components of energy and unprocessed food prices.
Q: Why is this trend relevant for users or analysts?
A: This core inflation metric provides a more stable and representative gauge of underlying price trends compared to the headline HICP, making it a key input for the European Central Bank's monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat based on a harmonized methodology across EU member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this index to understand inflationary pressures and inform monetary policy decisions in the European Union.
Q: Are there update delays or limitations?
A: The HICP Excluding Energy and Unprocessed Food is published monthly by Eurostat, with a relatively short delay compared to other economic indicators.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy and Unprocessed Food for European Union (00XFUNEUCCM086NEST), retrieved from FRED.