Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for European Union
CP1212EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.61
Year-over-Year Change
1.00%
Date Range
1/1/1996 - 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 measures the price changes of consumer goods related to personal care in the European Union. This trend is an important indicator of consumer price inflation and consumer spending patterns.
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 statistical measure designed to compare consumer price inflation across European Union member states. The Electrical Appliances for Personal Care and Other Appliances, Articles and Products for Personal Care component tracks the prices of a basket of personal care items, providing insight into this segment of consumer expenditure.
Methodology
The data is collected through a harmonized survey of retail prices across the EU.
Historical Context
This HICP series is used by policymakers and analysts to assess inflationary pressures and consumer demand.
Key Facts
- The base year for this HICP series is 2015.
- Prices are measured at the point of purchase, including any taxes or subsidies.
- The EU-wide HICP is calculated as a weighted average of national HICPs.
FAQs
Q: What does this economic trend measure?
A: This HICP series measures the changes in prices of electrical appliances for personal care and other personal care products in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer spending and inflationary pressures within the personal care segment of the European consumer market.
Q: How is this data collected or calculated?
A: The data is collected through a harmonized survey of retail prices across the EU member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP series to assess consumer demand and inflationary pressures, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately one month.
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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 (CP1212EUCCM086NEST), retrieved from FRED.