Harmonized Index of Consumer Prices: Water Supply and Miscellaneous Services Relating to the Dwelling for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0440E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.51
Year-over-Year Change
4.71%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Water Supply and Miscellaneous Services Relating to the Dwelling measures changes in the prices paid by consumers for these household services 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
The HICP is a standardized measure of consumer price inflation used by the European Union. This specific index tracks price changes for water supply, refuse collection, and other dwelling-related services, providing insight into household living costs.
Methodology
The HICP data is collected through consumer surveys and vendor reporting across the EEA member states.
Historical Context
Policymakers and analysts use this index to monitor inflation and guide economic policy decisions.
Key Facts
- The HICP tracks price changes for water, waste, and other home-related services.
- This index covers the European Economic Area, including 30 countries as of 2006.
- The HICP provides a standardized inflation measure used by the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Water Supply and Miscellaneous Services Relating to the Dwelling measures changes in the prices paid by consumers for these household services across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into household living costs and is used by policymakers to monitor inflation and guide economic policy decisions.
Q: How is this data collected or calculated?
A: The HICP data is collected through consumer surveys and vendor reporting across the EEA member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor inflation and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is reported on a monthly basis, with some potential for delays in data collection and publication.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Water Supply and Miscellaneous Services Relating to the Dwelling for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0440E3CCM086NEST), retrieved from FRED.