Harmonized Index of Consumer Prices: Household Appliances for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0530E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.80
Year-over-Year Change
-1.18%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Household Appliances tracks price changes for a basket of household appliances in the European Economic Area. This metric provides insight into consumer spending and inflationary pressures.
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 Appliances is a subcomponent of the broader HICP, which measures the changes in prices of consumer goods and services across the EEA. This specific index focuses on the price dynamics of appliances like refrigerators, washing machines, and other major home electronics.
Methodology
The data is collected through surveys of consumer prices and then aggregated by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and analysts use this HICP subindex to assess inflationary trends and consumer behavior within the EEA.
Key Facts
- The HICP tracks price changes for over 2,000 consumer goods and services across 31 European countries.
- Household appliances account for around 5% of the total HICP basket.
- The HICP is harmonized across the EEA to allow for cross-country comparisons.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Household Appliances measures the price changes of a basket of household appliances, such as refrigerators, washing machines, and other major home electronics, across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This HICP subindex provides insight into consumer spending patterns and inflationary pressures within the household appliances sector, which is an important component of the overall consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices and then aggregated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP subindex to assess inflationary trends and consumer behavior within the European Economic Area, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with a lag of around 2 months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Household Appliances for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0530E3CCM086NEST), retrieved from FRED.