Harmonized Index of Consumer Prices: Housing, Water, Electricity, Gas and Other Fuels for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0400E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.29
Year-over-Year Change
2.58%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Housing, Water, Electricity, Gas and Other Fuels tracks changes in the cost of essential household utilities and services across the European Economic Area (EEA). This metric is crucial for policymakers monitoring inflation and consumer spending.
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 is a standardized index that measures the average change in prices paid by households for a basket of consumer goods and services. The Housing, Water, Electricity, Gas and Other Fuels component provides insights into the cost of essential utilities, which are a significant portion of household budgets.
Methodology
The data is collected through surveys of consumer prices in EEA member countries.
Historical Context
Central banks and economic analysts use this index to assess inflationary pressures and make informed policy decisions.
Key Facts
- The HICP tracks prices across 30 countries in the European Economic Area.
- Housing, water, electricity, gas and other fuels account for over 20% of household expenditures in the EEA.
- The HICP is a key input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Housing, Water, Electricity, Gas and Other Fuels measures the average change in prices paid by households for essential utility services in the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and consumer spending on crucial household expenses, which is vital information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted in EEA member countries.
Q: How is this trend used in economic policy?
A: Central banks and other economic institutions use this index to assess inflationary dynamics and make informed monetary policy decisions to support economic stability.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around one month.
Related Trends
Harmonized Index of Consumer Prices: Bread and Cereals for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0111E3CCM086NEST
Harmonized Index of Consumer Prices: Wine for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0212E3CCM086NEST
Harmonized Index of Consumer Prices: Food Products N.e.c. for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0119E3CCM086NEST
Harmonized Index of Consumer Prices: Unprocessed Food for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
FOODUNE3CCM086NEST
Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0911E3CCM086NEST
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
IGDXESE3CCM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Housing, Water, Electricity, Gas and Other Fuels for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0400E3CCM086NEST), retrieved from FRED.