Harmonized Index of Consumer Prices: Major Household Appliances Whether Electric or Not and Small Electric Household Appliances for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0531E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.98
Year-over-Year Change
-1.50%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for major and small electric household appliances measures price changes for a basket of these products across the European Economic Area. It is a key indicator of inflation and consumer purchasing power.
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 major and small electric household appliances is part of the broader HICP index, which is the standard measure of consumer price inflation in the Eurozone and European Union. This series focuses on the prices of durable goods like refrigerators, washing machines, and small kitchen appliances.
Methodology
The data is collected through surveys of consumer prices across participating countries.
Historical Context
Policymakers and analysts use this HICP series to monitor inflationary pressures and consumer demand in the appliance market.
Key Facts
- Covers a basket of major and small electric household appliances.
- Part of the broader Harmonized Index of Consumer Prices (HICP).
- Measures price changes across the European Economic Area.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in consumer prices for a basket of major and small electric household appliances across the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This HICP series is a key indicator of inflation and consumer purchasing power in the appliance market, which is relevant for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys across participating countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP series to monitor inflationary pressures and consumer demand in the appliance market.
Q: Are there update delays or limitations?
A: The data is subject to the standard update schedule and potential limitations of the broader HICP index.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Major Household Appliances Whether Electric or Not and Small Electric Household Appliances for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0531E3CCM086NEST), retrieved from FRED.