Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
00XTOBE3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.15
Year-over-Year Change
2.27%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for the European Economic Area (EEA) measures changes in the prices of consumer goods and services, excluding tobacco, across EEA countries. This key indicator provides insights into inflationary pressures in the EEA region.
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: Overall Index Excluding Tobacco for EEA is a harmonized measure of consumer price inflation used by the European Union and its member states. It serves as a primary gauge of price stability and is a crucial input for monetary policy decisions by the European Central Bank.
Methodology
The data is collected through household surveys and compiled by Eurostat, the statistical office of the European Union.
Historical Context
This economic indicator is closely monitored by policymakers, central banks, and market analysts to assess the underlying inflationary trends in the EEA region.
Key Facts
- The EEA includes the 27 EU member states and 3 European Free Trade Association (EFTA) countries.
- The index excludes tobacco prices to provide a better measure of underlying inflationary pressures.
- Eurostat publishes the Harmonized Index of Consumer Prices data on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for the European Economic Area (EEA) measures changes in the prices of consumer goods and services, excluding tobacco, across EEA countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a crucial measure of price stability in the EEA region and a key input for monetary policy decisions by the European Central Bank.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: This economic indicator is closely monitored by policymakers, central banks, and market analysts to assess the underlying inflationary trends in the EEA region.
Q: Are there update delays or limitations?
A: Eurostat publishes the Harmonized Index of Consumer Prices data on a monthly basis, with minimal update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (00XTOBE3CCM086NEST), retrieved from FRED.