Consumer Price Index: Harmonised prices: Food and non-Alcoholic beverages (COICOP 01): Total for the European Union
Index 2015=100
EU28CPHP0100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.52
Year-over-Year Change
2.62%
Date Range
12/1/1999 - 1/1/2020
Summary
The Index 2015=100 measures the price level in the European Union, with 2015 as the base year. It is a key indicator for monitoring inflation and price trends in the region.
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 Index 2015=100 tracks the Harmonised Index of Consumer Prices (HICP) for the European Union (EU28). The HICP is a comprehensive measure of consumer inflation that allows for comparisons across EU member states.
Methodology
The data is collected through consumer price surveys and calculated by Eurostat.
Historical Context
Policymakers, economists, and market analysts use this index to assess price stability and inform monetary policy decisions.
Key Facts
- The base year for the Index 2015=100 is 2015.
- The index tracks consumer price changes in the 28 EU member states.
- It is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the Harmonised Index of Consumer Prices (HICP) for the European Union (EU28), providing a comprehensive gauge of consumer inflation in the region.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator for monitoring price stability and informing monetary policy decisions in the European Union.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use the Index 2015=100 to assess inflationary pressures and guide monetary policy in the European Union.
Q: Are there update delays or limitations?
A: The Index 2015=100 is published monthly by Eurostat, with minimal update delays.
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Citation
U.S. Federal Reserve, Index 2015=100 (EU28CPHP0100IXOBM), retrieved from FRED.