Harmonized Index of Consumer Prices: Recreational and Sporting Services for European Union
CP0941EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.43
Year-over-Year Change
4.39%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Recreational and Sporting Services measures the change in prices paid by consumers for recreation and sports-related services in the European Union. This metric is a key indicator of consumer spending patterns and inflationary pressures.
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 Recreational and Sporting Services is a sub-component of the broader HICP, which tracks the average change in prices of a basket of consumer goods and services across the EU. This specific index focuses on the recreational and sporting services sector, providing insights into consumer demand and price dynamics in this important economic segment.
Methodology
The data is collected through surveys of consumer prices and aggregated at the EU level.
Historical Context
This index is closely monitored by policymakers, economists, and market analysts to assess the health of the EU consumer economy and guide policy decisions.
Key Facts
- The HICP for Recreational and Sporting Services is a sub-component of the broader HICP.
- This index tracks consumer prices for recreation and sports-related services in the EU.
- The data is collected through consumer price surveys and aggregated at the EU level.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Recreational and Sporting Services measures the change in prices paid by consumers for recreation and sports-related services in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer demand and price dynamics in the recreational and sporting services sector, which is an important part of the EU consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices and aggregated at the EU level.
Q: How is this trend used in economic policy?
A: This index is closely monitored by policymakers, economists, and market analysts to assess the health of the EU consumer economy and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some time lag in the availability of the latest figures.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Recreational and Sporting Services for European Union (CP0941EUCCM086NEST), retrieved from FRED.