Harmonized Index of Consumer Prices: Overall Index Excluding Energy for European Union
00XE00EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.55
Year-over-Year Change
2.78%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Energy for the European Union measures changes in the price level of consumer goods and services, excluding the volatile energy component.
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 Excluding Energy is a key economic indicator used to assess inflationary pressures and evaluate the effectiveness of monetary policy within the Eurozone. It provides a more stable measure of underlying inflation compared to the headline HICP.
Methodology
The data is collected and calculated by Eurostat through a harmonized methodology across EU member states.
Historical Context
Policymakers at the European Central Bank closely monitor the HICP Excluding Energy to inform their decisions on interest rates and other monetary policy tools.
Key Facts
- The HICP Excluding Energy is a Eurostat-calculated metric.
- It excludes volatile energy prices to provide a more stable measure of underlying inflation.
- The European Central Bank uses this indicator to guide monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Energy for the European Union measures changes in the price level of consumer goods and services, excluding the volatile energy component.
Q: Why is this trend relevant for users or analysts?
A: The HICP Excluding Energy is a key economic indicator used to assess inflationary pressures and evaluate the effectiveness of monetary policy within the Eurozone.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat through a harmonized methodology across EU member states.
Q: How is this trend used in economic policy?
A: Policymakers at the European Central Bank closely monitor the HICP Excluding Energy to inform their decisions on interest rates and other monetary policy tools.
Q: Are there update delays or limitations?
A: The HICP Excluding Energy data is published monthly by Eurostat with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy for European Union (00XE00EUCCM086NEST), retrieved from FRED.