Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
IGDSXEE3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.94
Year-over-Year Change
0.81%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for European Economic Area (EEA18-2004, EEA28-2006, EEA30) tracks changes in prices for a basket of non-energy industrial goods purchased by consumers within the EEA. This provides valuable insights into inflationary pressures and consumer behavior.
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 measures price changes for a wide range of non-energy industrial products, including clothing, household appliances, and consumer electronics. It is a key component of the broader Harmonized Index of Consumer Prices (HICP) and is closely monitored by policymakers and analysts to assess the overall health of the EEA economy.
Methodology
The data is collected through consumer surveys and retail price observations across the participating EEA countries.
Historical Context
Trends in non-energy industrial goods prices are closely watched for their implications on monetary policy and consumer spending patterns.
Key Facts
- The EEA comprises 30 countries, including the 27 EU member states plus Iceland, Liechtenstein, and Norway.
- Non-energy industrial goods make up around 27% of the overall HICP basket.
- This index uses 2015 as its base year for calculating price changes.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for the EEA tracks price changes for a basket of non-energy industrial products purchased by consumers within the participating EEA countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into inflationary pressures and consumer behavior within the EEA, which is crucial for policymakers and analysts in assessing the overall health of the region's economy.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and retail price observations across the participating EEA countries.
Q: How is this trend used in economic policy?
A: Trends in non-energy industrial goods prices are closely watched for their implications on monetary policy and consumer spending patterns within the EEA.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical lag of around 2 months from the reference period.
Related Trends
Harmonized Index of Consumer Prices: Restaurants and Hotels for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1100E3CCM086NEST
Harmonized Index of Consumer Prices: Books for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0951E3CCM086NEST
Harmonized Index of Consumer Prices: Alcoholic Beverages, Tobacco and Narcotics for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0200E3CCM086NEST
Harmonized Index of Consumer Prices: Accommodation Services for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1120E3CCM086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Liquid Fuels and Lubricants for Personal Transport Equipment for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
00XFUEE3CCM086NEST
Harmonized Index of Consumer Prices: Bread and Cereals for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0111E3CCM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Energy Industrial Goods for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (IGDSXEE3CCM086NEST), retrieved from FRED.