Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
CP0430EZCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.62
Year-over-Year Change
2.73%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Maintenance and Repair of the Dwelling measures changes in the prices paid by consumers for home maintenance and repair services in the Eurozone. This indicator is a key component in evaluating overall inflation 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
The HICP for Maintenance and Repair of the Dwelling tracks the prices of services related to the upkeep and repair of residential properties in the Eurozone. It is a vital metric for policymakers and economists assessing the cost of living and inflationary pressures faced by consumers.
Methodology
The data is collected through surveys of households and businesses across the Eurozone member states.
Historical Context
This HICP subindex is used by the European Central Bank and national governments to inform monetary and fiscal policy decisions.
Key Facts
- The HICP covers the Eurozone countries since 1999.
- Maintenance and repair services account for around 3% of the overall HICP basket.
- This index is published monthly by the European Union's statistical agency, Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Maintenance and Repair of the Dwelling measures changes in the prices paid by consumers for home maintenance and repair services in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This HICP subindex is a vital metric for policymakers and economists assessing the cost of living and inflationary pressures faced by consumers in the Eurozone.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses across the Eurozone member states.
Q: How is this trend used in economic policy?
A: This HICP subindex is used by the European Central Bank and national governments to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat with minimal delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Maintenance and Repair of the Dwelling for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023) (CP0430EZCCM086NEST), retrieved from FRED.