Harmonized Index of Consumer Prices: Footwear for Euro Area (19 Countries)
CP0320EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.22
Year-over-Year Change
0.41%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Footwear in the Euro Area (19 countries) tracks changes in the price level of footwear purchased by consumers. This metric is a key indicator of consumer inflation and purchasing power within the Eurozone.
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 Footwear measures the change in prices for a representative basket of footwear items purchased by households. It is a harmonized measure used across the Eurozone to monitor price stability and support monetary policy decisions by the European Central Bank.
Methodology
The data is collected through surveys of retail establishments and then aggregated to calculate the index.
Historical Context
This economic indicator is closely watched by policymakers, analysts, and consumers to gauge inflationary pressures and assess the health of the Eurozone economy.
Key Facts
- The HICP for Footwear has a base year of 2015=100.
- Footwear accounts for around 3.4% of the total HICP basket in the Eurozone.
- Prices for footwear tend to be more volatile than the overall HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Footwear tracks changes in the price level of footwear purchased by consumers in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer inflation and purchasing power within the Eurozone, making it closely watched by policymakers, analysts, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and then aggregated to calculate the index.
Q: How is this trend used in economic policy?
A: This economic indicator is used by the European Central Bank to monitor price stability and support monetary policy decisions for the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is typically published with a one-month lag and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Footwear for Euro Area (19 Countries) (CP0320EZ19M086NEST), retrieved from FRED.