Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for Luxembourg
IGDXESLUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.42
Year-over-Year Change
1.85%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Non-Energy Industrial Goods, Semi-Durables Only measures changes in the prices of non-energy industrial goods in Luxembourg. This metric provides insight into underlying inflationary pressures and consumer demand.
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 is a harmonized statistical measure of consumer price inflation developed by the European Union. The Non-Energy Industrial Goods, Semi-Durables Only index focuses specifically on the prices of semi-durable goods, excluding energy products, and is a key indicator for policymakers and analysts monitoring Luxembourg's economic conditions.
Methodology
The data is collected through a survey of consumer prices by Luxembourg's national statistical agency.
Historical Context
This index is used by the European Central Bank and other institutions to evaluate inflationary trends and inform monetary policy decisions.
Key Facts
- Luxembourg's HICP for Non-Energy Industrial Goods, Semi-Durables Only has a base year of 2015.
- This index excludes energy products like fuel and electricity.
- Semi-durable goods include items like clothing, footwear, and household textiles.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of non-energy industrial semi-durable goods in Luxembourg, providing insight into underlying inflationary pressures.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers and economists to evaluate consumer demand and inform monetary policy decisions in Luxembourg.
Q: How is this data collected or calculated?
A: The data is collected through a consumer price survey conducted by Luxembourg's national statistical agency.
Q: How is this trend used in economic policy?
A: The European Central Bank and other institutions use this index to monitor inflationary trends and make informed monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Semi-Durables Only for Luxembourg (IGDXESLUM086NEST), retrieved from FRED.