Harmonized Index of Consumer Prices: Other Personal Effects for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1232E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.58
Year-over-Year Change
0.61%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Other Personal Effects for European Economic Area (EEA18-2004, EEA28-2006, EEA30) measures changes in the prices of a basket of personal care, hygiene, and miscellaneous goods and services across the EEA region. This metric is a key indicator of consumer inflation and purchasing power for European policymakers.
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
This index tracks the prices of a wide range of personal items, including cosmetics, personal care products, jewelry, watches, and other miscellaneous consumer goods. It is part of the broader Harmonized Index of Consumer Prices (HICP), which provides a harmonized measure of inflation across the EEA for economic analysis and policymaking.
Methodology
The data is collected through surveys of consumer prices from a representative sample of retailers across the EEA member states.
Historical Context
Trends in this index help central banks and fiscal authorities assess the broader inflationary environment and make appropriate monetary and fiscal policy decisions.
Key Facts
- The EEA includes 30 countries as of 2023.
- Personal effects account for around 5% of the HICP basket.
- The index uses 2015 as the base year for calculations.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of a basket of personal care, hygiene, and miscellaneous consumer goods and services across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: Trends in this index help provide insight into broader consumer inflation and purchasing power dynamics in Europe, which is crucial information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices from a representative sample of retailers across the EEA member states.
Q: How is this trend used in economic policy?
A: Trends in this index are used by central banks and fiscal authorities to assess the broader inflationary environment and make appropriate monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Other Personal Effects for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP1232E3CCM086NEST), retrieved from FRED.