Consumer Price Index: Harmonised prices: Housing, water, electricity, gas and other fuels (COICOP 04): Maintenance & repairs of the dwellings for the European Union
Index 2015=100
EU28CPHP0403IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.29
Year-over-Year Change
2.79%
Date Range
12/1/2000 - 1/1/2020
Summary
The 'Index 2015=100' metric tracks the harmonized consumer price index (HICP) for the European Union, with 2015 as the base year. This key economic indicator measures changes in the average price level of consumer goods and services, providing insights into inflation and purchasing power.
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 HICP is a standardized measure of consumer price inflation across EU member states, allowing for consistent comparisons. It encompasses a broad basket of consumer goods and services, from food and energy to housing and transportation, to assess changes in the overall cost of living.
Methodology
The HICP data is collected by national statistical offices and compiled by Eurostat, the EU's statistical agency.
Historical Context
Policymakers and analysts use the HICP to gauge inflationary pressures and inform monetary policy decisions.
Key Facts
- The HICP has a base year of 2015, with a value of 100.
- The HICP covers around 700 consumer goods and services across the EU.
- The HICP is a key input for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100' metric tracks the harmonized consumer price index (HICP) for the European Union, providing a standardized measure of changes in the average price level of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: The HICP is a crucial indicator for assessing inflationary pressures and informing monetary policy decisions by the European Central Bank and other policymakers.
Q: How is this data collected or calculated?
A: The HICP data is collected by national statistical offices and compiled by Eurostat, the EU's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the HICP to gauge inflationary pressures and inform monetary policy decisions by the European Central Bank.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around two weeks.
Related Trends
Inactive Population: Aged 15-74: Males for the European Union
LFIN74MAEUA647S
Harmonized Index of Consumer Prices: Clothing and Footwear for European Union (28 Countries)
CP0300EU28M086NEST
Harmonized Index of Consumer Prices: Furniture and Furnishings for European Union (27 Countries from 2020)
CP0511EU272020M086NEST
Harmonized Index of Consumer Prices: Pharmaceutical Products for European Union
CP0611EUCCM086NEST
Import Price Index by Origin (NAICS): Primary Metal Manufacturing for European Union
COEECZ331
Unemployment Rate: Aged 15-74: All Persons for the European Union
LRUN74TTEUQ156S
Citation
U.S. Federal Reserve, Index 2015=100 (EU28CPHP0403IXOBM), retrieved from FRED.