Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0500E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.77
Year-over-Year Change
0.85%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Furnishings, Household Equipment and Routine Household Maintenance tracks price changes for a basket of consumer goods and services related to maintaining a household in 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 inflation used across the European Union to assess price stability. The Furnishings, Household Equipment and Routine Household Maintenance component provides insight into consumer costs for household items and upkeep.
Methodology
The HICP data is collected through surveys of consumer prices and aggregated by Eurostat.
Historical Context
Policymakers and analysts use this HICP component to understand household spending patterns and inflationary pressures.
Key Facts
- The HICP is used to measure progress towards the European Central Bank's inflation target.
- Household furnishings and equipment account for over 5% of the total HICP basket.
- The Furnishings, Household Equipment and Routine Household Maintenance component makes up around 6% of the overall HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Furnishings, Household Equipment and Routine Household Maintenance tracks price changes for a basket of consumer goods and services related to maintaining a household in the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides insight into household spending patterns and inflationary pressures, which is useful for policymakers and analysts assessing the state of the European economy.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of consumer prices and aggregated by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP component to understand household spending patterns and inflationary pressures, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with a typical delay of around 2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Furnishings, Household Equipment and Routine Household Maintenance for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0500E3CCM086NEST), retrieved from FRED.