Harmonized Index of Consumer Prices: Overall Index Excluding Housing, Water, Electricity, Gas, and Other Fuels for European Union (27 Countries from 2020)
00XHOUEU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.35
Year-over-Year Change
2.27%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Housing, Water, Electricity, Gas, and Other Fuels for the European Union (27 Countries from 2020) measures the change in prices for a basket of consumer goods and services, excluding the volatile energy and housing components.
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 key economic indicator used to assess inflation across the European Union. This index excludes housing, utilities, and fuel costs to provide a more stable measure of underlying price trends that is less influenced by volatile energy markets.
Methodology
The HICP data is collected through surveys of consumer prices across EU member states.
Historical Context
Policymakers and analysts use the HICP Excluding Housing data to monitor and manage inflationary pressures in the EU economy.
Key Facts
- The HICP Excluding Housing index uses 2015 as its base year.
- This index covers around 90% of consumer expenditure in the EU.
- It is published monthly by Eurostat, the statistical office of the EU.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Housing, Water, Electricity, Gas, and Other Fuels measures the change in prices for a basket of consumer goods and services in the European Union, excluding volatile energy and housing costs.
Q: Why is this trend relevant for users or analysts?
A: This index provides a more stable measure of underlying inflation in the EU, which is crucial for policymakers and analysts monitoring economic conditions and managing inflationary pressures.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of consumer prices across EU member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the HICP Excluding Housing data to monitor and manage inflationary pressures in the EU economy.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, the statistical office of the European Union.
Related Trends
Active Population: Aged 15-24: Females for the European Union
LFAC24FEEUA647N
Consumer Price Index: Harmonised prices: Housing, water, electricity, gas and other fuels (COICOP 04): Maintenance & repairs of the dwellings for the European Union
EU28CPHP0403GYM
Harmonized Index of Consumer Prices: Repair of Furniture, Furnishings and Floor Coverings for European Union
CP0513EUCCM086NEST
Producer Prices Index: Economic Activities: Domestic Energy for the European Union
PIEAEN02EUM661N
Harmonized Index of Consumer Prices: Miscellaneous Printed Matter, Stationery, and Drawing Materials for Euro Area (19 Countries)
CP0953EZ19M086NEST
Employment Rate: Aged 15-74: Females for the European Union
LREM74FEEUA156N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Housing, Water, Electricity, Gas, and Other Fuels for European Union (27 Countries from 2020) (00XHOUEU272020M086NEST), retrieved from FRED.