Annual

CPHPFD01EZA661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.08

Year-over-Year Change

28.34%

Date Range

1/1/1996 - 1/1/2013

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Summary

The Annual trend measures changes in consumer prices over the past 12 months in the Eurozone. It is a key indicator of inflation that helps policymakers monitor economic conditions.

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 Annual trend tracks the year-over-year percent change in the Harmonized Index of Consumer Prices (HICP) for the Eurozone. This comprehensive measure of inflation is used by the European Central Bank to assess price stability and guide monetary policy decisions.

Methodology

The HICP data is collected through consumer surveys and retail price observations across Eurozone countries.

Historical Context

The Annual trend is closely watched by investors, analysts, and policymakers to understand broader inflation dynamics in the Eurozone economy.

Key Facts

The Eurozone Annual inflation rate was 8.1% in March 2023.
The ECB aims to maintain Eurozone inflation at around 2% over the medium term.
Annual inflation has exceeded the ECB's target since mid-2021.

FAQs

Q: What does this economic trend measure?

A: The Annual trend measures the year-over-year percent change in the Harmonized Index of Consumer Prices (HICP) for the Eurozone.

Q: Why is this trend relevant for users or analysts?

A: The Annual inflation rate is a key indicator used by the European Central Bank to assess price stability and guide monetary policy decisions in the Eurozone.

Q: How is this data collected or calculated?

A: The HICP data is collected through consumer surveys and retail price observations across Eurozone countries.

Q: How is this trend used in economic policy?

A: The Annual inflation trend is closely monitored by the ECB, investors, and analysts to understand broader price dynamics and their implications for economic policy in the Eurozone.

Q: Are there update delays or limitations?

A: The Annual inflation data is published monthly with a short lag, providing timely insights into Eurozone price trends.

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