Harmonized Index of Consumer Prices: Glassware, Tableware and Household Utensils for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0540E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.81
Year-over-Year Change
0.32%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Glassware, Tableware and Household Utensils tracks price changes for these household items across the European Economic Area (EEA). This index is a key measure of inflation for consumer goods within the EEA.
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 Glassware, Tableware and Household Utensils is a component index of the broader HICP, which serves as the primary inflation measure for the European Union. This specific index provides insights into pricing trends for a basket of common household products used by consumers.
Methodology
The data is collected through surveys of consumer prices at the retail level across EEA member states.
Historical Context
Central banks and policymakers use this index to monitor price stability and adjust monetary policies accordingly.
Key Facts
- The EEA includes 30 countries as of 2023.
- Household utensils account for a small but important share of consumer spending.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Glassware, Tableware and Household Utensils measures the changes in the prices of these household items across the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into inflation trends for a key consumer goods category, which is important for policymakers, businesses, and households to monitor.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices at the retail level across EEA member states.
Q: How is this trend used in economic policy?
A: Central banks and policymakers use this index to assess price stability and inform monetary policy decisions within the European Union.
Q: Are there update delays or limitations?
A: The HICP data is released monthly by Eurostat, with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Glassware, Tableware and Household Utensils for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0540E3CCM086NEST), retrieved from FRED.