Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for European Union (27 Countries from 2020)
IGDXESEU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.43
Year-over-Year Change
0.72%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Non-Energy Industrial Goods, Semi-Durables Only for the European Union (27 Countries from 2020) measures changes in the prices of semi-durable goods excluding energy items. This index is a key indicator of inflation and consumer purchasing power within the Eurozone.
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 Non-Energy Industrial Goods, Semi-Durables Only index is a component of the broader HICP, which is the standard measure of consumer inflation across the European Union. This narrower index focuses specifically on the price movements of semi-durable goods, excluding energy, providing insight into a crucial segment of consumer spending.
Methodology
The data is collected through surveys of prices paid by consumers for a representative basket of goods and services.
Historical Context
Policymakers and economists rely on this index to assess inflationary pressures and make informed decisions about monetary and fiscal policies.
Key Facts
- The HICP is used by the European Central Bank to measure progress towards its inflation target.
- Semi-durable goods include clothing, footwear, and household furnishings.
- The index is published monthly by Eurostat, the statistical office of the European Union.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Non-Energy Industrial Goods, Semi-Durables Only for the European Union (27 Countries from 2020) measures changes in the prices of semi-durable goods excluding energy items.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into a crucial segment of consumer spending and is a key indicator of inflation and consumer purchasing power within the Eurozone, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers for a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and economists rely on this index to assess inflationary pressures and make informed decisions about monetary and fiscal policies within the European Union.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat, the statistical office of the European Union, with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for European Union (27 Countries from 2020) (IGDXESEU272020M086NEST), retrieved from FRED.