Harmonized Index of Consumer Prices: Communications for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0800E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.08
Year-over-Year Change
-1.80%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Communications tracks price changes in a basket of communication-related goods and services across the European Economic Area (EEA). This metric is a key indicator of consumer inflation and an important tool for policymakers and economists.
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 Communications measures the average change in prices paid by consumers for a representative basket of communication-related products and services in EEA member states. This index is harmonized across countries to allow for international comparisons of consumer price inflation.
Methodology
The HICP data is collected through surveys of consumer expenditures and prices.
Historical Context
Policymakers and central banks use the HICP Communications index to monitor and manage consumer price inflation.
Key Facts
- The EEA includes the 27 EU member states plus Iceland, Liechtenstein, and Norway.
- Communications is one of 12 HICP component indices tracked by Eurostat.
- The base year for the HICP is 2015 = 100.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Communications measures changes in the prices paid by consumers for communication-related goods and services in the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: The HICP Communications index is an important indicator of consumer price inflation, which is closely monitored by policymakers and central banks to help guide economic and monetary policy decisions.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of consumer expenditures and prices.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use the HICP Communications index to monitor and manage consumer price inflation across the European Economic Area.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with a lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Communications for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0800E3CCM086NEST), retrieved from FRED.