Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for Estonia
CP1212EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.16
Year-over-Year Change
2.59%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Electrical Appliances for Personal Care and Other Appliances, Articles and Products for Personal Care in Estonia measures the changes in prices of these consumer goods over time. This trend is an important indicator of consumer inflation and purchasing power in Estonia.
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 comprehensive measure of consumer price inflation in the European Union. This specific index tracks the prices of personal care appliances and products in Estonia, providing insights into consumer spending and household purchasing behavior.
Methodology
The data is collected through surveys of retailers and service providers by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and analysts use this HICP trend to assess inflationary pressures and consumer demand in the Estonian market.
Key Facts
- The base year for this HICP index is 2015 = 100.
- Estonia joined the Eurozone in 2011, adopting the euro as its currency.
- Consumer prices in Estonia have generally remained stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the changes in prices of electrical appliances for personal care and other personal care products and articles in Estonia over time.
Q: Why is this trend relevant for users or analysts?
A: This HICP trend provides important insights into consumer inflation and purchasing power in Estonia, which is relevant for policymakers, businesses, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP trend to assess inflationary pressures and consumer demand in the Estonian market, which informs economic policies and decisions.
Q: Are there update delays or limitations?
A: The HICP data is typically released with a lag of around one month, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for Estonia (CP1212EEM086NEST), retrieved from FRED.