Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0432E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.51
Year-over-Year Change
4.66%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for European Economic Area (EEA18-2004, EEA28-2006, EEA30) tracks the costs of services related to maintaining and repairing residential dwellings across the European Economic Area.
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
This index is a component of the broader Harmonized Index of Consumer Prices, which is the primary measure of inflation in the European Union. The services for maintenance and repair of dwellings metric provides insights into a key aspect of household expenditure and cost of living.
Methodology
The data is collected through surveys of consumer prices by national statistical agencies and compiled by Eurostat.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and trends in the housing sector.
Key Facts
- Covers 18 European Economic Area countries as of 2004, expanding to 28 and then 30 countries over time.
- Measures price changes for services related to maintaining and repairing residential properties.
- An important component of the broader Harmonized Index of Consumer Prices inflation metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the prices of services related to maintaining and repairing residential dwellings across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into a key component of household expenditure and cost of living, which is useful for assessing inflationary pressures in the housing sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by national statistical agencies and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary trends in the housing market, which is relevant for monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Services for the Maintenance and Repair of the Dwelling for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0432E3CCM086NEST), retrieved from FRED.