Harmonized Index of Consumer Prices: Other Articles of Clothing and Clothing Accessories for European Union
CP0313EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.29
Year-over-Year Change
0.23%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Other Articles of Clothing and Clothing Accessories measures changes in the prices paid by consumers in the European Union for a basket of clothing items. This metric is a key indicator of inflation and consumer purchasing power within the Eurozone economy.
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 Other Articles of Clothing and Clothing Accessories is a component of the broader HICP, which tracks the prices of a representative basket of consumer goods and services across the European Union. This specific index focuses on the price trends of various clothing items beyond just garments, such as accessories, footwear, and related products.
Methodology
The data is collected through surveys of retail establishments and weighted to represent overall consumer spending patterns.
Historical Context
Policymakers at the European Central Bank closely monitor the HICP to assess inflationary pressures and inform monetary policy decisions.
Key Facts
- The base year for the HICP index is 2015 = 100.
- Clothing and footwear account for around 7% of the total HICP basket.
- HICP data is released monthly by Eurostat, the EU's statistical agency.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Other Articles of Clothing and Clothing Accessories tracks the prices paid by consumers in the European Union for a basket of clothing items beyond just garments, such as accessories and footwear.
Q: Why is this trend relevant for users or analysts?
A: The HICP for clothing and accessories is a key component of the broader HICP index, which is closely monitored by policymakers and analysts to assess inflationary pressures and consumer purchasing power within the Eurozone economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and weighted to represent overall consumer spending patterns.
Q: How is this trend used in economic policy?
A: The European Central Bank uses HICP data, including the clothing and accessories index, to inform its monetary policy decisions aimed at maintaining price stability within the Eurozone.
Q: Are there update delays or limitations?
A: HICP data is released monthly by Eurostat, the EU's statistical agency, with a typical lag of around 2-3 weeks.
Related Trends
Harmonized Index of Consumer Prices: Actual Rentals for Housing for European Union
CP0410EUCCM086NEST
Harmonized Index of Consumer Prices: Household Appliances for European Union (27 Countries from 2020)
CP0530EU272020M086NEST
Working Age Population: Aged 25-54: Females for the European Union
LFWA25FEEUA647N
Harmonized Index of Consumer Prices: Milk, Cheese and Eggs for European Union (28 Countries)
CP0114EU28M086NEST
Balance of payments BPM6: Financial account: Other investment: Other investment Net acquisition of financial assets for the European Union
EU28B6FAOI02CXCUQ
Activity Rate: Aged 55-64: Males for the European Union
LRAC55MAEUA156N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Other Articles of Clothing and Clothing Accessories for European Union (CP0313EUCCM086NEST), retrieved from FRED.