Harmonized Index of Consumer Prices: Meat for European Union (27 Countries from 2020)

CP0112EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

146.17

Year-over-Year Change

4.13%

Date Range

12/1/2000 - 7/1/2025

Summary

The Harmonized Index of Consumer Prices for Meat tracks changes in the price of meat products for the European Union (27 countries from 2020). This metric is a key indicator of inflation and consumer purchasing power within 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation used across the European Union. The Meat component specifically monitors price changes for a basket of meat products, providing insights into a major consumer expenditure category.

Methodology

The data is collected through a harmonized survey of retail prices across EU member states.

Historical Context

Policymakers and analysts use the HICP Meat index to assess inflationary pressures and consumer trends.

Key Facts

  • The EU HICP Meat index has a base year of 2015.
  • Meat accounts for around 5% of the total HICP basket.
  • Prices are collected from a sample of retail outlets across the EU.

FAQs

Q: What does this economic trend measure?

A: The Harmonized Index of Consumer Prices for Meat tracks changes in the price of meat products across the European Union (27 countries from 2020).

Q: Why is this trend relevant for users or analysts?

A: The HICP Meat index is a key indicator of inflationary pressures and consumer purchasing power within the EU, providing insights into a major household expenditure category.

Q: How is this data collected or calculated?

A: The data is collected through a harmonized survey of retail prices across EU member states.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use the HICP Meat index to assess inflationary trends and consumer spending patterns within the European Union.

Q: Are there update delays or limitations?

A: The HICP Meat data is published monthly with a typical lag of 2-3 weeks.

Related Trends

Citation

U.S. Federal Reserve, Harmonized Index of Consumer Prices: Meat for European Union (27 Countries from 2020) (CP0112EU272020M086NEST), retrieved from FRED.