Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0114E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148.92
Year-over-Year Change
4.58%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Milk, Cheese and Eggs tracks the price changes of these dairy products across the European Economic Area (EEA). This index is a key indicator of consumer inflation and purchasing power within the region.
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 for Milk, Cheese and Eggs is part of the broader Harmonized Index of Consumer Prices, which measures the average change in prices paid by consumers for a basket of goods and services. This particular index focuses on the price trends of essential dairy items, providing insight into a critical component of household expenditures.
Methodology
The data is collected through surveys of retail establishments and processed according to Eurostat's standardized HICP methodology.
Historical Context
The HICP for Milk, Cheese and Eggs is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer purchasing power within the EEA.
Key Facts
- The EEA includes 30 countries, including the 27 EU member states plus Iceland, Liechtenstein, and Norway.
- Dairy products account for a significant portion of household budgets across the EEA.
- The HICP is a widely used metric for tracking consumer price inflation in the Eurozone and broader EEA.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Milk, Cheese and Eggs measures the average change in prices paid by consumers for these dairy products in the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures and consumer purchasing power within the EEA, as dairy products constitute a significant portion of household budgets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and processed according to Eurostat's standardized HICP methodology.
Q: How is this trend used in economic policy?
A: The HICP for Milk, Cheese and Eggs is used by policymakers, economists, and market analysts to assess inflationary pressures and consumer purchasing power within the EEA.
Q: Are there update delays or limitations?
A: The HICP data is typically published on a monthly basis, with some potential for minor delays in data reporting.
Related Trends
Harmonized Index of Consumer Prices: Food for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0110E3CCM086NEST
Harmonized Index of Consumer Prices: Insurance for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1250E3CCM086NEST
Harmonized Index of Consumer Prices: Services, Miscellaneous for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
SERVMIE3CCM086NEST
Harmonized Index of Consumer Prices: Cultural Services for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0942E3CCM086NEST
Harmonized Index of Consumer Prices: Actual Rentals for Housing for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0410E3CCM086NEST
Harmonized Index of Consumer Prices: Passenger Transport by Railway for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0731E3CCM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0114E3CCM086NEST), retrieved from FRED.