Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for European Union (27 Countries from 2020)
00XEFDEU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.82
Year-over-Year Change
2.48%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for European Union (27 Countries from 2020) measures core inflation in the EU, excluding volatile price components. It is a key indicator used by policymakers to assess underlying price pressures.
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 index tracks changes in the prices of consumer goods and services excluding food, energy, alcohol, and tobacco, which are considered more volatile components. It provides a more stable measure of core inflation trends in the European Union, helping policymakers and analysts evaluate the broader economic climate.
Methodology
The data is collected through consumer surveys and compiled by Eurostat using harmonized methodology across EU member states.
Historical Context
Central banks and economic analysts closely monitor this core inflation metric to inform monetary policy decisions and economic forecasts.
Key Facts
- Excludes food, energy, alcohol, and tobacco prices
- Tracks underlying inflation trends in the European Union
- A key metric used by central banks and policymakers
FAQs
Q: What does this economic trend measure?
A: This index measures core inflation in the European Union, excluding volatile price components like food, energy, alcohol, and tobacco.
Q: Why is this trend relevant for users or analysts?
A: This core inflation metric is closely watched by policymakers and economists to assess underlying price pressures and inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and compiled by Eurostat using harmonized methodology across EU member states.
Q: How is this trend used in economic policy?
A: Central banks and economic analysts use this core inflation metric to evaluate the broader economic climate and make informed monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by Eurostat with minimal publication delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for European Union (27 Countries from 2020) (00XEFDEU272020M086NEST), retrieved from FRED.