Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0431E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.62
Year-over-Year Change
1.60%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling tracks price changes for products used to maintain and repair residential properties in the European Economic Area (EEA). This index is a key indicator for monitoring consumer 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 Materials for the Maintenance and Repair of the Dwelling is a component of the broader HICP, which measures changes in the average price level of a basket of consumer goods and services purchased by households across EEA countries. This subindex focuses specifically on the costs of materials and products used for home maintenance and repairs.
Methodology
The data is collected through surveys of retail prices by national statistical agencies and aggregated by Eurostat.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and inform economic and monetary policy decisions.
Key Facts
- Covers 30 European countries as of 2006.
- Part of the broader Harmonized Index of Consumer Prices (HICP).
- Used to assess inflationary pressures in the housing sector.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling measures price changes for products used to maintain and repair residential properties in the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator for monitoring consumer inflation trends, particularly in the housing sector, which is relevant for policymakers and analysts assessing broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices by national statistical agencies and aggregated by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary pressures and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedules and methodological limitations of the national statistical agencies and Eurostat.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0431E3CCM086NEST), retrieved from FRED.