Harmonized Index of Consumer Prices: Heat Energy for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0455E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165.83
Year-over-Year Change
1.51%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Heat Energy tracks price changes for heating services in the European Economic Area. This metric is crucial for understanding consumer inflation and energy policy across Europe.
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 Heat Energy is a component of the broader HICP, which measures changes in the prices of consumer goods and services acquired by households. This specific index focuses on the cost of heating, an essential household expenditure that can significantly impact consumer budgets and inflation.
Methodology
The data is collected through surveys of consumers and businesses across the EEA region.
Historical Context
Policymakers use this index to monitor energy price trends and adjust policies accordingly.
Key Facts
- The HICP for Heat Energy covers 30 countries in the European Economic Area.
- Heating costs account for a significant portion of household budgets in many European countries.
- Trends in this index can influence energy policy and consumer price inflation across Europe.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Heat Energy tracks price changes for heating services in the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for understanding consumer inflation and energy policy across Europe, as heating costs are a significant household expenditure.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses across the EEA region.
Q: How is this trend used in economic policy?
A: Policymakers use this index to monitor energy price trends and adjust policies accordingly.
Q: Are there update delays or limitations?
A: The data is published regularly by the European statistical agency, Eurostat.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Heat Energy for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0455E3CCM086NEST), retrieved from FRED.