Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for European Union
CP0450EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.14
Year-over-Year Change
1.02%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Electricity, Gas and Other Fuels measures the price changes of residential energy products in the European Union. This key economic indicator provides insights into inflationary pressures and consumer purchasing power.
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 price inflation across the European Union. The Electricity, Gas and Other Fuels component specifically tracks price movements for residential energy sources, an important factor in household budgets and a driver of overall inflation.
Methodology
The HICP is calculated by national statistical agencies using a harmonized methodology set by Eurostat.
Historical Context
This index is closely monitored by the European Central Bank and other policymakers to inform monetary and fiscal decisions.
Key Facts
- The HICP is published monthly by Eurostat.
- Energy accounts for around 10% of the overall HICP basket.
- Residential energy prices saw record high increases in 2022 due to the energy crisis.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Electricity, Gas and Other Fuels measures the price changes of residential energy products in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This index provides crucial insights into inflationary pressures and consumer purchasing power, particularly for households' energy expenditures.
Q: How is this data collected or calculated?
A: The HICP is calculated by national statistical agencies using a harmonized methodology set by Eurostat.
Q: How is this trend used in economic policy?
A: The Electricity, Gas and Other Fuels HICP is closely monitored by the European Central Bank and other policymakers to inform monetary and fiscal decisions.
Q: Are there update delays or limitations?
A: The HICP is published monthly by Eurostat with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electricity, Gas and Other Fuels for European Union (CP0450EUCCM086NEST), retrieved from FRED.