Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0450E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.48
Year-over-Year Change
0.95%
Date Range
1/1/1996 - 7/1/2025
Summary
This economic indicator tracks the Harmonized Index of Consumer Prices (HICP) for electricity, gas, and other fuels in the European Economic Area (EEA). It provides insights into energy costs for consumers across the region.
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 across the EEA. This specific series focuses on the prices of electricity, gas, and other fuels, which are critical components of household budgets and important drivers of overall inflation.
Methodology
The data is collected through consumer surveys and compiled by Eurostat to create the harmonized regional index.
Historical Context
Policymakers closely monitor this energy price index to assess the cost-of-living pressures on households and guide fiscal and monetary policies.
Key Facts
- The EEA includes 30 countries as of 2023.
- Energy costs account for around 15% of the total HICP basket.
- Prices are indexed to a base year of 2015 = 100.
FAQs
Q: What does this economic trend measure?
A: This trend measures the Harmonized Index of Consumer Prices (HICP) specifically for electricity, gas, and other fuels in the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: Energy costs are a major component of household budgets, and this index provides important insights into the inflationary pressures facing consumers in the EEA region.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and compiled by Eurostat to create the harmonized regional HICP index.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this energy price index to assess the cost-of-living pressures on households and guide fiscal and monetary policies in the EEA.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0450E3CCM086NEST), retrieved from FRED.