Consumer Price Index: Harmonised prices: Recreation and culture (COICOP 09): Total for the European Union
Index Eurostat base
EU28CPHP0900IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.36
Year-over-Year Change
0.39%
Date Range
12/1/1999 - 1/1/2020
Summary
The Index Eurostat base measures the cost of living in the European Union, providing a standardized metric for comparing prices across member states.
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
This index serves as a benchmark for evaluating changes in the general price level within the Eurozone, enabling policymakers and economists to assess the state of the region's economy and make informed decisions.
Methodology
The data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
The Index Eurostat base is a key indicator used by the European Central Bank and national governments to inform monetary and fiscal policies.
Key Facts
- The index uses 2015 as the base year.
- It covers the 28 member states of the European Union.
- The index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base measures the cost of living in the European Union, providing a standardized metric for comparing prices across member states.
Q: Why is this trend relevant for users or analysts?
A: The Index Eurostat base is a key indicator used by the European Central Bank and national governments to inform monetary and fiscal policies, enabling them to assess the state of the Eurozone economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The Index Eurostat base is a crucial metric used by policymakers and economists to evaluate changes in the general price level within the Eurozone and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat, with minimal update delays.
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Citation
U.S. Federal Reserve, Index Eurostat base (EU28CPHP0900IXEBM), retrieved from FRED.