Harmonized Index of Consumer Prices: Bread and Cereals for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0111E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.76
Year-over-Year Change
1.88%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Bread and Cereals for European Economic Area (EEA18-2004, EEA28-2006, EEA30) tracks the monthly price changes of bread and cereal products across the EEA region. This measure is a key indicator of inflationary trends and consumer purchasing power.
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 the harmonized consumer prices for a specific basket of bread and cereal products in the European Economic Area. It serves as an important gauge of inflation and cost-of-living dynamics for policymakers and analysts focused on the European consumer market.
Methodology
The data is collected through a standardized survey of consumer prices across EEA member states.
Historical Context
Economists and central banks utilize this index to assess inflationary pressures and guide monetary policy decisions.
Key Facts
- The EEA includes 30 countries as of 2023.
- Bread and cereals account for a significant portion of the average household budget.
- This index uses a base year of 2015 = 100.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly changes in consumer prices for a basket of bread and cereal products across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This measure is a key indicator of inflationary pressures and consumer purchasing power within the European market, providing important insights for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through a standardized survey of consumer prices across EEA member states.
Q: How is this trend used in economic policy?
A: Central banks and policymakers utilize this index to assess inflationary trends and guide monetary policy decisions affecting the European consumer market.
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: Bread and Cereals for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0111E3CCM086NEST), retrieved from FRED.