Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0933E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.48
Year-over-Year Change
2.17%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers tracks changes in the retail prices of these products in the European Economic Area. This metric is a key indicator of consumer price inflation and helps guide economic policy decisions.
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 consumer price inflation used across European Union member states. The Gardens, Plants and Flowers index specifically monitors price changes in these horticultural goods, providing insight into a segment of household spending.
Methodology
The data is collected through surveys of consumer purchases and retail prices.
Historical Context
Policymakers and analysts use this HICP index to assess overall price pressures and consumer behavior.
Key Facts
- The HICP is harmonized across EU member states.
- Gardens, Plants and Flowers account for about 0.3% of the total 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 (HICP) for Gardens, Plants and Flowers tracks changes in the retail prices of these horticultural products across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This HICP index provides important insights into consumer price inflation and household spending patterns, which are key factors considered by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and retail prices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP index to assess overall price pressures and consumer behavior, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis with a relatively short delay, providing timely information on price trends.
Related Trends
Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1200E3CCM086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Frequent Out-OF-Pocket Purchases for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
00XFROE3CCM086NEST
Harmonized Index of Consumer Prices: Liquid Fuels for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0453E3CCM086NEST
Harmonized Index of Consumer Prices: Other Services Relating to the Dwelling N.e.c. for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0444E3CCM086NEST
Harmonized Index of Consumer Prices: Bread and Cereals for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0111E3CCM086NEST
Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0911E3CCM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0933E3CCM086NEST), retrieved from FRED.