Harmonized Index of Consumer Prices: Household Textiles for Euro Area (19 Countries)
CP0520EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.61
Year-over-Year Change
0.92%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Household Textiles in the Euro Area (19 countries) measures the changes in prices of household textile products over time, providing insights into 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 Household Textiles is a key economic indicator that tracks the prices of a basket of household textile products, such as curtains, bedding, and other textile furnishings. It is used to assess changes in the cost of living and inform monetary policy decisions.
Methodology
The data is collected by national statistical agencies and harmonized by Eurostat to ensure comparability across the Euro Area.
Historical Context
The HICP for Household Textiles is closely monitored by the European Central Bank and other policymakers to gauge inflationary pressures and consumer demand.
Key Facts
- The HICP for Household Textiles has a base year of 2015.
- Household Textiles account for approximately 0.3% of the total HICP basket in the Euro Area.
- Prices for household textiles are influenced by factors like raw material costs, labor, and trade policies.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Household Textiles measures the changes in prices of household textile products in the Euro Area (19 countries).
Q: Why is this trend relevant for users or analysts?
A: The HICP for Household Textiles is a key indicator of consumer inflation and cost of living, providing insights that are relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by national statistical agencies and harmonized by Eurostat to ensure comparability across the Euro Area.
Q: How is this trend used in economic policy?
A: The HICP for Household Textiles is closely monitored by the European Central Bank and other policymakers to gauge inflationary pressures and consumer demand.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Household Textiles for Euro Area (19 Countries) (CP0520EZ19M086NEST), retrieved from FRED.