Consumer Price Index: Harmonised prices: Housing, water, electricity, gas and other fuels (COICOP 04): Total for the European Union
Index 2015=100
EU28CPHP0400IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.34
Year-over-Year Change
1.02%
Date Range
12/1/1999 - 1/1/2020
Summary
The Index 2015=100 is a key economic indicator that tracks the price level of consumer goods and services in the EU28 countries, providing insight into inflation and cost of living trends.
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 is a harmonized index of consumer prices that measures the average change over time in the prices paid by households for consumer goods and services. It is a widely used metric for monitoring EU-wide price stability and informing monetary policy decisions.
Methodology
The index is calculated based on a representative basket of consumer goods and services, with data collected through surveys of retailers and service providers across EU member states.
Historical Context
The Index 2015=100 is a critical input for policymakers at the European Central Bank in assessing inflationary pressures and guiding decisions on interest rates and other monetary tools.
Key Facts
- The index has a base year of 2015, with a value of 100 in that year.
- The index covers all 28 EU member states as of its latest release.
- The index is published monthly by Eurostat, the statistical office of the European Union.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the average change in prices for a basket of consumer goods and services across the 28 EU member states.
Q: Why is this trend relevant for users or analysts?
A: This index is a critical indicator of inflation and cost of living trends in the EU, which informs monetary policy decisions and economic analysis.
Q: How is this data collected or calculated?
A: The index is calculated based on price surveys of retailers and service providers across the EU member states.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is a key input for the European Central Bank in assessing inflationary pressures and setting monetary policy to maintain price stability.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat with minimal delays, providing timely data on EU-wide consumer price trends.
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Citation
U.S. Federal Reserve, Index 2015=100 (EU28CPHP0400IXOBM), retrieved from FRED.