Harmonized Index of Consumer Prices: Clothing and Footwear for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0300E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.80
Year-over-Year Change
0.36%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Clothing and Footwear tracks changes in the prices paid by consumers for clothing and footwear items across the European Economic Area. This metric is a key indicator of consumer price inflation and 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
The Clothing and Footwear HICP measures price changes for a representative basket of apparel, accessories, and footwear goods purchased by households in the EEA. Economists use this index to analyze trends in consumer spending, inflation, and cost of living.
Methodology
The data is collected by national statistical agencies and compiled by Eurostat using harmonized collection and calculation methods.
Historical Context
Policymakers and central banks monitor the Clothing and Footwear HICP to assess inflationary pressures and inform monetary policy decisions.
Key Facts
- The EEA includes 30 countries as of 2023.
- Clothing and footwear account for around 6-8% of the HICP basket.
- The HICP is a key statistic used by the European Central Bank to measure inflation.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Clothing and Footwear tracks changes in the prices paid by consumers for apparel, accessories, and footwear items across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer price inflation and purchasing power, providing insights into household spending patterns and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies and compiled by Eurostat using harmonized collection and calculation methods.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor the Clothing and Footwear HICP to assess inflationary pressures and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is released monthly with a typical lag of 2-3 weeks.
Related Trends
Harmonized Index of Consumer Prices: Bread and Cereals for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0111E3CCM086NEST
Harmonized Index of Consumer Prices: Footwear for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0320E3CCM086NEST
Harmonized Index of Consumer Prices: All-Items HICP for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0000E3CCM086NEST
Harmonized Index of Consumer Prices: Pets and Related Products; Veterinary and Other Services for Pets for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0934E3CCM086NEST
Harmonized Index of Consumer Prices: Insurance for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1250E3CCM086NEST
Harmonized Index of Consumer Prices: Cleaning, Repair and Hire of Clothing for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0314E3CCM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Clothing and Footwear for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0300E3CCM086NEST), retrieved from FRED.