Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Euro Area (20 Countries)
CP0933MI15EA20M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.27
Year-over-Year Change
1.63%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers measures price changes for these goods in the Euro Area (20 countries). This indicator provides important insights into consumer spending and inflationary trends in the region.
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 key measure of inflation used by the European Central Bank to assess price stability. The Gardens, Plants and Flowers index tracks price movements in this specific consumer goods category, which is relevant for understanding household spending patterns and the broader economic climate.
Methodology
The HICP data is collected through surveys of consumer prices in participating countries.
Historical Context
Economists and policymakers analyze HICP trends to guide monetary policy decisions and evaluate the state of the Euro Area economy.
Key Facts
- The Euro Area HICP covers 20 countries.
- Gardens, Plants and Flowers is one of over 90 HICP product categories.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers measures the change in prices for these consumer goods in the Euro Area (20 countries).
Q: Why is this trend relevant for users or analysts?
A: The HICP for Gardens, Plants and Flowers provides important insights into consumer spending patterns and inflationary pressures in the Euro Area economy, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The HICP data is collected through consumer price surveys conducted in participating Euro Area countries.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use HICP trends, including the Gardens, Plants and Flowers index, to assess inflation and make informed decisions about monetary policy in the Euro Area.
Q: Are there update delays or limitations?
A: The HICP data is released monthly by Eurostat with minimal delays, providing timely information on price movements in the Euro Area.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Euro Area (20 Countries) (CP0933MI15EA20M086NEST), retrieved from FRED.