Harmonized Index of Consumer Prices: All-Items HICP for European Union
CP0000EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.62
Year-over-Year Change
2.34%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for the European Union measures changes in the prices of a basket of consumer goods and services. It is a key indicator used by policymakers to assess and manage inflation across the EU.
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 for the European Union is a standardized measure of consumer price inflation that allows for cross-country comparisons. It tracks price changes in a representative basket of consumer items, providing a comprehensive gauge of the overall cost of living in the EU.
Methodology
The HICP is calculated by national statistical agencies and compiled by Eurostat using harmonized definitions and methodologies.
Historical Context
The HICP is a critical economic indicator used by the European Central Bank to help formulate and evaluate monetary policy.
Key Facts
- The HICP covers around 700 consumer goods and services in the EU.
- The base year for the HICP is 2015 = 100.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for the European Union measures changes in the prices of a representative basket of consumer goods and services across the EU.
Q: Why is this trend relevant for users or analysts?
A: The HICP is a key indicator used by policymakers, economists, and market participants to assess and manage inflation across the European Union.
Q: How is this data collected or calculated?
A: The HICP is calculated by national statistical agencies and compiled by Eurostat using harmonized definitions and methodologies.
Q: How is this trend used in economic policy?
A: The HICP is a critical indicator used by the European Central Bank to help formulate and evaluate monetary policy for the EU.
Q: Are there update delays or limitations?
A: HICP data is released monthly by Eurostat with a lag of around 2 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: All-Items HICP for European Union (CP0000EUCCM086NEST), retrieved from FRED.