Harmonized Index of Consumer Prices: Actual Rentals for Housing for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0410E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.57
Year-over-Year Change
3.11%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Actual Rentals for Housing in the European Economic Area (EEA) measures changes in the residential rental costs faced by consumers across EEA countries. This key economic indicator helps policymakers and analysts understand housing affordability and inflation trends.
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 Actual Rentals for Housing tracks the prices paid by consumers for rental housing in the EEA countries. It is a critical component of the overall HICP, which is the primary inflation measure used by the European Central Bank to guide monetary policy decisions.
Methodology
The data is collected through surveys of rental housing costs and calculated using a harmonized methodology across EEA member states.
Historical Context
The HICP for Actual Rentals for Housing is closely monitored by economists and policymakers to assess the impact of housing costs on the cost of living and overall price stability.
Key Facts
- The HICP for Actual Rentals for Housing is a key component of overall inflation measurement in the EEA.
- Housing costs make up a significant portion of household budgets, so this trend is vital for understanding cost of living.
- The data is harmonized across EEA countries to enable cross-border comparisons and policy coordination.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Actual Rentals for Housing tracks the prices paid by consumers for rental housing in the European Economic Area (EEA) countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator is critical for understanding housing affordability and its impact on overall inflation and the cost of living in the EEA.
Q: How is this data collected or calculated?
A: The data is collected through surveys of rental housing costs and calculated using a harmonized methodology across EEA member states.
Q: How is this trend used in economic policy?
A: The HICP for Actual Rentals for Housing is closely monitored by the European Central Bank and other policymakers to assess inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insights into housing rental cost trends across the EEA.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Actual Rentals for Housing for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0410E3CCM086NEST), retrieved from FRED.