Harmonized Index of Consumer Prices: Water Supply and Miscellaneous Services Relating to the Dwelling for Euro Area (19 Countries)
CP0440EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.74
Year-over-Year Change
3.92%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Water Supply and Miscellaneous Services Relating to the Dwelling tracks changes in the prices paid by consumers for water and related household 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 standardized measure of inflation used across the European Union. This specific index focuses on the costs of water, sewerage, refuse collection, and other dwelling-related services, providing insight into a key component of household expenditures.
Methodology
The data is collected through surveys of consumer prices by national statistics agencies.
Historical Context
Policymakers and analysts use this HICP component to assess inflationary pressures and inform monetary policy decisions.
Key Facts
- The Eurozone HICP has a base year of 2015.
- This index accounts for around 2.4% of the total HICP basket.
- Water and sewerage services make up the largest component.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Water Supply and Miscellaneous Services Relating to the Dwelling tracks changes in the prices paid by consumers for water, sewerage, and other household-related services in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides valuable insight into a key portion of household expenditures, helping policymakers and economists assess inflationary pressures and inform monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by national statistics agencies across the Eurozone.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP component to evaluate inflationary dynamics and inform monetary policy decisions in the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Water Supply and Miscellaneous Services Relating to the Dwelling for Euro Area (19 Countries) (CP0440EZ19M086NEST), retrieved from FRED.