Harmonized Index of Consumer Prices: Fully Administered Prices for European Union (28 Countries)
APFULLEU28M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.21
Year-over-Year Change
1.78%
Date Range
12/1/2000 - 1/1/2020
Summary
The Harmonized Index of Consumer Prices: Fully Administered Prices for European Union (28 Countries) tracks changes in prices for goods and services in the EU where prices are set or heavily influenced by government policy.
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 measures inflation in the European Union for a basket of consumer goods and services where prices are fully administered or heavily regulated by governments, such as utilities, transportation, and healthcare. It is a key indicator used by central banks and policymakers to understand underlying price dynamics.
Methodology
The data is collected by national statistical agencies and compiled by Eurostat using harmonized methodologies across EU member states.
Historical Context
This index provides insight into the inflationary pressures faced by consumers in regulated markets, which is relevant for monetary and fiscal policy decisions.
Key Facts
- The index covers over 700 consumer goods and services across the EU.
- Fully administered prices account for about 15% of the total EU consumer price index.
- The index uses a common methodology to enable cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in consumer prices for goods and services in the European Union where prices are set or heavily influenced by government policy, such as utilities, transportation, and healthcare.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the inflationary pressures faced by consumers in regulated markets, which is crucial information for central banks and policymakers when making monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies across EU member states and compiled by Eurostat using harmonized methodologies to enable cross-country comparisons.
Q: How is this trend used in economic policy?
A: This index is used by central banks and policymakers to understand underlying price dynamics in the EU, which informs monetary and fiscal policy decisions aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of around one month, and the coverage and methodology are standardized across the EU to facilitate cross-country analysis.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fully Administered Prices for European Union (28 Countries) (APFULLEU28M086NEST), retrieved from FRED.