Harmonized Index of Consumer Prices: Clothing for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0310E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.33
Year-over-Year Change
0.17%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Clothing measures changes in the retail prices of clothing items in the European Economic Area. It is a key indicator of consumer spending and a useful gauge of inflation within the EEA economies.
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 Clothing is a subindex of the broader HICP, which tracks the prices of a representative basket of consumer goods and services across the EEA member states. The clothing component specifically monitors price fluctuations in apparel, footwear, and related accessories.
Methodology
The HICP data is collected through surveys of retail establishments and aggregated by Eurostat, the statistical office of the European Union.
Historical Context
The HICP Clothing index provides important insights into consumer spending patterns and inflationary pressures, informing economic policy decisions within the EEA.
Key Facts
- The EEA includes the 27 EU member states plus Iceland, Liechtenstein, and Norway.
- Clothing accounts for approximately 5-7% of the total HICP basket in EEA countries.
- The HICP Clothing index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Clothing measures changes in the retail prices of apparel, footwear, and related accessories across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: The HICP Clothing index is a key indicator of consumer spending and inflationary pressures within the EEA economies, providing important insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of retail establishments and aggregated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The HICP Clothing index informs economic policy decisions within the EEA, as it provides insights into consumer spending patterns and inflationary pressures.
Q: Are there update delays or limitations?
A: The HICP Clothing index is published monthly by Eurostat, with a typical 1-2 month delay in data availability.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Clothing for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0310E3CCM086NEST), retrieved from FRED.