Consumer Price Index: Harmonized Prices: Clothing and Footwear (COICOP 03): Total for Estonia
Index Eurostat base
ESTCPHP0300IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.11
Year-over-Year Change
6.02%
Date Range
1/1/1996 - 11/1/2023
Summary
The Eurostat Base Index measures price changes in the European Union, providing a key indicator of inflation and 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 Eurostat Base Index is a harmonized consumer price index that tracks changes in the prices of goods and services purchased by households across the European Union. It is a widely-used benchmark for monitoring inflation and consumer spending trends.
Methodology
The index is calculated based on a representative basket of consumer goods and services, with data collected from participating countries.
Historical Context
The Eurostat Base Index is closely watched by policymakers and market analysts to assess the strength of the European economy.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- It covers a harmonized basket of over 300 consumer goods and services.
- The index is released monthly by Eurostat, the statistical office of the European Union.
FAQs
Q: What does this economic trend measure?
A: The Eurostat Base Index measures changes in the prices of consumer goods and services purchased by households across the European Union.
Q: Why is this trend relevant for users or analysts?
A: The Eurostat Base Index is a key indicator of inflation and consumer spending patterns in the EU, providing important insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The index is calculated based on a representative basket of consumer goods and services, with data collected from participating EU member states.
Q: How is this trend used in economic policy?
A: The Eurostat Base Index is closely monitored by the European Central Bank and other policymakers to assess the strength of the European economy and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The Eurostat Base Index is released monthly, with a slight delay, and may be subject to revisions as more complete data becomes available.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Estonia
ESTCP050000GYM
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Estonia
LFAC24FEEEQ647S
Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Estonia
CCRETT02EEQ661N
Harmonized Index of Consumer Prices: Postal Services for Estonia
CP0810EEM086NEST
Production: Industry: Total Industry Excluding Construction for Estonia
PRINTO01EEA659S
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Estonia
ESTCP110000GPM
Citation
U.S. Federal Reserve, Index Eurostat base (ESTCPHP0300IXEBM), retrieved from FRED.