Consumer Price Index: Harmonised prices: Recreation and culture (COICOP 09): Total for the European Union
Index 2015=100
EU28CPHP0900IXOBM • 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 2015=100 measures the harmonized consumer price index for the European Union (EU28), with 2015 as the base year. This key economic indicator tracks changes in the general price level of consumer goods and services across the EU.
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 time series that represents the harmonized consumer price index (HICP) for the European Union, with the year 2015 as the base period. The HICP is a standardized measure of inflation used to assess price stability and guide monetary policy across the EU.
Methodology
The data is collected through surveys of consumer expenditures and prices across EU member states.
Historical Context
The Index 2015=100 is closely monitored by the European Central Bank and other policymakers to evaluate the efficacy of economic and monetary policies.
Key Facts
- The base year for the Index 2015=100 is 2015.
- The index tracks price changes across the entire European Union.
- Policymakers use the index to monitor price stability and guide monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the harmonized consumer price index (HICP) for the European Union (EU28), with 2015 as the base year. It tracks changes in the general price level of consumer goods and services across the EU.
Q: Why is this trend relevant for users or analysts?
A: The Index 2015=100 is a crucial economic indicator used by policymakers and analysts to assess price stability and guide monetary policy decisions in the European Union.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices across EU member states.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is closely monitored by the European Central Bank and other policymakers to evaluate the efficacy of economic and monetary policies in the EU.
Q: Are there update delays or limitations?
A: The Index 2015=100 data is published on a monthly basis, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Index 2015=100 (EU28CPHP0900IXOBM), retrieved from FRED.