Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for European Union (27 Countries from 2020)
CP1212EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.32
Year-over-Year Change
1.01%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Electrical Appliances for Personal Care and Other Appliances, Articles and Products for Personal Care tracks changes in the price of these consumer goods across the European Union. This metric is a key indicator of inflation and consumer spending trends.
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 measures the change over time in the prices of consumer goods and services acquired by households. The Electrical Appliances and Personal Care category provides insight into a specific segment of consumer demand and price dynamics.
Methodology
The HICP data is collected through surveys of retail prices by national statistical agencies.
Historical Context
Policymakers and analysts monitor HICP trends to assess consumer behavior and inflationary pressures.
Key Facts
- The HICP tracks price changes for over 100 consumer goods and services in the EU.
- Personal care products account for around 3% of the total HICP basket.
- HICP data is harmonized across EU countries to enable cross-border comparisons.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Electrical Appliances for Personal Care and Other Appliances, Articles and Products for Personal Care measures changes in the prices of these consumer goods across the European Union.
Q: Why is this trend relevant for users or analysts?
A: This HICP category provides insight into a specific segment of consumer demand and price dynamics, which is important for assessing inflation and consumer spending patterns.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of retail prices by national statistical agencies in EU member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor HICP trends to assess consumer behavior and inflationary pressures, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: HICP data is published monthly with a lag of around one month, and the series may be subject to revisions over time.
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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 European Union (27 Countries from 2020) (CP1212EU272020M086NEST), retrieved from FRED.