Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for European Union (27 Countries from 2020)
CP0431EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.63
Year-over-Year Change
1.60%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling tracks changes in the prices of home maintenance supplies in the European Union. This is a key indicator of consumer inflation and household 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 for Materials for the Maintenance and Repair of the Dwelling measures the price changes of items such as paints, varnishes, wallpapers, and plumbing materials used for home upkeep and repair. This data is essential for monitoring trends in consumer price levels and informing economic policy decisions.
Methodology
The European Union's statistical agency, Eurostat, calculates this index based on surveys of retail prices.
Historical Context
Policymakers and analysts use this HICP component to assess the overall cost of living and inflationary pressures facing households.
Key Facts
- The HICP covers 27 European Union countries as of 2020.
- Home maintenance and repair costs account for about 4% of the total HICP basket.
- Prices for these items have risen by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling tracks changes in the retail prices of home maintenance and repair supplies in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This HICP component is an important indicator of consumer inflation and the overall cost of living for households, which is crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The European Union's statistical agency, Eurostat, calculates this index based on surveys of retail prices for a basket of home maintenance and repair products.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP data to assess inflationary pressures and the overall cost of living, which informs decisions on monetary policy, consumer protection, and other economic interventions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with a typical lag of around one month from the reference period.
Related Trends
Unemployed Population: Aged 15-64: Males for the European Union
LFUN64MAEUA647N
Harmonized Index of Consumer Prices: All Items Excluding Fully Administered Prices for European Union (27 Countries from 2020)
00XAPFEU272020M086NEST
Producer Prices Index: Domestic Consumer Goods for the European Union
PITGCG02EUQ661N
Producer Prices Index: Economic Activities: Domestic Mining and Quarrying Activities for the European Union
PIEAMI02EUA661N
Harmonized Index of Consumer Prices: Unprocessed Food for European Union (28 Countries)
FOODUNEU28M086NEST
Harmonized Index of Consumer Prices: Food Products N.e.c. for European Union (27 Countries from 2020)
CP0119EU272020M086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for European Union (27 Countries from 2020) (CP0431EU272020M086NEST), retrieved from FRED.