Harmonized Index of Consumer Prices: Household Textiles for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0520E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.40
Year-over-Year Change
0.98%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Household Textiles for European Economic Area (EEA18-2004, EEA28-2006, EEA30) measures the price changes of textile products for household use in the EEA region. This metric is critical for evaluating consumer price trends and inflation within the European economy.
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
This index tracks the prices of a representative basket of household textile products, including items like bedding, curtains, and carpets. It is a key component of the broader Harmonized Index of Consumer Prices (HICP), which is used by the European Central Bank to assess price stability and guide monetary policy decisions.
Methodology
The data is collected through surveys of retail establishments across the EEA region and aggregated to calculate the monthly index.
Historical Context
Policymakers and economists monitor this household textiles index as an indicator of inflationary pressure and consumer demand within the European market.
Key Facts
- The EEA includes 30 countries as of 2023.
- Household textiles account for about 0.5% of the HICP basket.
- This index uses 2015 as the base year for price comparisons.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Household Textiles for European Economic Area (EEA18-2004, EEA28-2006, EEA30) measures the price changes of textile products for household use in the EEA region.
Q: Why is this trend relevant for users or analysts?
A: This metric is critical for evaluating consumer price trends and inflationary pressure within the European economy, which is a key consideration for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments across the EEA region and aggregated to calculate the monthly index.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this household textiles index as an indicator of inflationary pressure and consumer demand within the European market, which informs monetary policy decisions by the European Central Bank.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Household Textiles for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0520E3CCM086NEST), retrieved from FRED.