Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
GOODS0E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.85
Year-over-Year Change
1.50%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for European Economic Area (EEA18-2004, EEA28-2006, EEA30) measures the inflation of goods prices in the EEA, excluding the impact of service prices.
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 economic indicator tracks the price changes of a basket of consumer goods across the EEA, providing insight into inflationary pressures on household budgets. It is a key metric for policymakers and analysts assessing broader price trends in the European economy.
Methodology
The data is collected through surveys of retail establishments and households across the EEA.
Historical Context
This index is closely monitored by the European Central Bank and other institutions to inform monetary policy decisions.
Key Facts
- The EEA includes 30 countries as of 2023.
- Goods account for over half of the typical household consumption basket in the EEA.
- Excluding services helps isolate the impact of goods prices on consumer inflation.
FAQs
Q: What does this economic trend measure?
A: This index measures the inflation of consumer goods prices across the European Economic Area, excluding the impact of service prices.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures on household budgets and is closely monitored by policymakers to inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and households across the EEA.
Q: How is this trend used in economic policy?
A: The Harmonized Index of Consumer Prices: Goods is a key indicator used by the European Central Bank and other institutions to assess broader price trends and make monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Goods (Overall Index Excluding Services) for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (GOODS0E3CCM086NEST), retrieved from FRED.