Harmonized Index of Consumer Prices: Household Appliances for European Union (27 Countries from 2020)
CP0530EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.31
Year-over-Year Change
-1.18%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Household Appliances in the European Union (27 countries from 2020) tracks the average change in prices paid by consumers for a basket of household appliances. This measure is a key indicator of inflation and consumer spending patterns.
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 sub-index of the broader HICP, which measures the average change in prices of a representative basket of consumer goods and services across the EU. This specific index focuses on the price trends of major household appliances, providing insights into consumer demand and inflationary pressures in the durable goods sector.
Methodology
The data is collected through surveys of consumer prices by national statistical agencies and compiled by Eurostat.
Historical Context
The HICP for Household Appliances is used by policymakers, economists, and market analysts to assess the state of the EU consumer economy and inform economic decision-making.
Key Facts
- The HICP for Household Appliances has a base year of 2015.
- Household appliances account for approximately 5% of the total HICP basket.
- Prices for household appliances have increased by 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Household Appliances measures the average change in prices paid by consumers for a basket of major household appliances in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer demand and inflationary pressures in the durable goods sector, which is important for understanding the overall state of the EU consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by national statistical agencies and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: The HICP for Household Appliances is used by policymakers, economists, and market analysts to assess consumer spending patterns and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Household Appliances for European Union (27 Countries from 2020) (CP0530EU272020M086NEST), retrieved from FRED.