Harmonized Index of Consumer Prices: Newspapers and Periodicals for European Union (28 Countries)
CP0952EU28M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.38
Year-over-Year Change
4.27%
Date Range
12/1/2000 - 1/1/2020
Summary
The Harmonized Index of Consumer Prices (HICP) for Newspapers and Periodicals tracks changes in the retail prices of print media products across the European Union. It is a key indicator of inflationary pressures and consumer spending patterns in the media and publishing sectors.
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 Newspapers and Periodicals is one of many sub-indices that comprise the broader HICP, which is the primary measure of consumer price inflation used by the European Central Bank. This sector-specific index provides insights into changing costs and demand for traditional print media across the EU.
Methodology
Data for the HICP is collected through surveys of consumer prices at the retail level.
Historical Context
Central banks and policymakers monitor HICP trends to assess the overall health of the economy and make informed monetary policy decisions.
Key Facts
- The HICP for Newspapers and Periodicals uses 2015 as its base year.
- Print media prices have declined steadily since 2019 amid the shift to digital content.
- This index is one of 92 sub-indices that make up the overall Harmonized Index of Consumer Prices.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Newspapers and Periodicals tracks changes in the retail prices of print media products across the European Union.
Q: Why is this trend relevant for users or analysts?
A: This sector-specific index provides insights into changing costs and demand for traditional print media, which is a key indicator of inflationary pressures and consumer spending patterns.
Q: How is this data collected or calculated?
A: Data for the HICP is collected through surveys of consumer prices at the retail level.
Q: How is this trend used in economic policy?
A: Central banks and policymakers monitor HICP trends to assess the overall health of the economy and make informed monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Newspapers and Periodicals is published monthly, with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Newspapers and Periodicals for European Union (28 Countries) (CP0952EU28M086NEST), retrieved from FRED.