Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for European Union
CP0430EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.04
Year-over-Year Change
3.52%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for European Union measures the change in prices for maintenance and repair services for residential dwellings across the EU. This indicator provides insights into consumer price dynamics and inflation trends in the housing sector.
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 consumer inflation across European Union member states. The Maintenance and Repair of the Dwelling component specifically tracks price changes for services related to maintaining and repairing residential properties.
Methodology
The data is collected through consumer surveys and compiled by Eurostat, the statistical office of the EU.
Historical Context
This index is closely monitored by policymakers and economists to assess inflationary pressures and guide macroeconomic policies.
Key Facts
- The base year for the index is 2015 = 100.
- Prices are harmonized across the 27 EU member states.
- This component makes up around 3% of the overall HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for European Union measures changes in the prices of services related to maintaining and repairing residential properties across the EU.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures in the housing sector, which is a key component of consumer spending and a driver of overall inflation in the EU.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: This index is closely monitored by policymakers and economists to assess inflationary trends and guide macroeconomic policies, such as interest rate decisions and fiscal measures.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for European Union (CP0430EUCCM086NEST), retrieved from FRED.