Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Austria
CP0500ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.82
Year-over-Year Change
0.16%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Furnishings, Household Equipment and Routine Household Maintenance in Austria measures changes in the prices paid by Austrian consumers for a basket of household goods and services.
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 key economic indicator used to track inflation and monitor price stability in the Eurozone. This specific index focuses on the price changes for household-related items, providing insights into consumer spending patterns and the overall cost of living in Austria.
Methodology
The data is collected through a nationwide survey of consumer prices by Austria's national statistical agency.
Historical Context
Policymakers and analysts use this HICP index to assess inflationary pressures and inform monetary policy decisions.
Key Facts
- The index is published monthly by Eurostat.
- Austria's HICP for household items has risen by 3.2% over the past year.
- Household equipment and furnishings make up about 6% of the total Austrian consumer price basket.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by Austrian consumers for a basket of household goods and services, including furniture, appliances, and routine home maintenance.
Q: Why is this trend relevant for users or analysts?
A: This HICP index provides important insights into inflationary pressures and the cost of living for Austrian households, which is crucial information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by Austria's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP index to assess inflationary pressures and inform monetary policy decisions aimed at maintaining price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for Austria (CP0500ATM086NEST), retrieved from FRED.