Harmonized Index of Consumer Prices: Household Appliances for European Union
CP0530EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.53
Year-over-Year Change
-1.18%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Household Appliances measures the price changes of items like refrigerators, washing machines, and other major household appliances in the European Union. This index is a key indicator of inflation and consumer spending.
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 for Household Appliances is a component of the broader HICP, which is the standard measure of inflation in the EU. It tracks price movements of a basket of common household appliances purchased by consumers, providing insights into consumer demand and price pressures.
Methodology
The data is collected through surveys of retailers and service providers across the EU member states.
Historical Context
Policymakers and analysts use this index to assess inflationary trends and consumer behavior within the EU.
Key Facts
- The HICP for Household Appliances is a component of the broader HICP index.
- Household appliances account for a significant portion of consumer spending in the EU.
- Tracking appliance prices provides insights into consumer demand and inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Household Appliances measures the price changes of common household appliances, such as refrigerators and washing machines, in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and consumer spending patterns within the EU, providing valuable insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across the EU member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary trends and consumer behavior within the EU, which informs policy decisions and market forecasts.
Q: Are there update delays or limitations?
A: The HICP for Household Appliances is published monthly, with a typical delay of a few weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Household Appliances for European Union (CP0530EUCCM086NEST), retrieved from FRED.