Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Euro Area (19 Countries)
CP0431EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.11
Year-over-Year Change
1.32%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Materials for the Maintenance and Repair of the Dwelling measures changes in the prices paid by consumers for household maintenance and repair goods and services in the Eurozone.
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 is a key economic indicator used to assess inflation and price stability in the Eurozone. The Materials for the Maintenance and Repair of the Dwelling index tracks a specific basket of consumer goods and services related to home upkeep, providing insights into broader price trends in the housing sector.
Methodology
The data is collected through consumer surveys and retail price observations across Eurozone countries.
Historical Context
Policymakers and analysts rely on HICP data to inform monetary policy decisions and economic forecasting.
Key Facts
- The Eurozone includes 19 countries that use the euro as their official currency.
- The HICP is calculated monthly and published by Eurostat, the statistical office of the European Union.
- Maintaining and repairing one's dwelling accounts for a significant portion of household spending in the Eurozone.
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 changes in the prices paid by consumers for household maintenance and repair goods and services in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Materials for the Maintenance and Repair of the Dwelling provides important insights into broader price trends in the housing sector, which is a key component of the overall economy. This data is used by policymakers and analysts to assess inflation and inform economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and retail price observations across Eurozone countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts rely on HICP data, including the Materials for the Maintenance and Repair of the Dwelling index, to inform monetary policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, the statistical office of the European Union, with minimal update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Materials for the Maintenance and Repair of the Dwelling for Euro Area (19 Countries) (CP0431EZ19M086NEST), retrieved from FRED.