Harmonized Index of Consumer Prices: Major Household Appliances Whether Electric or Not and Small Electric Household Appliances for Estonia
CP0531EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.72
Year-over-Year Change
1.37%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Major Household Appliances Whether Electric or Not and Small Electric Household Appliances measures price changes for a basket of essential household goods in Estonia. This metric is a key indicator of consumer inflation and 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 is a standardized measure of consumer price inflation across European Union member states. This specific index tracks prices for a representative sample of major and small electric household appliances, providing insights into consumer spending and economic conditions in Estonia.
Methodology
Data is collected through surveys of retail establishments and calculated according to Eurostat's harmonized methodology.
Historical Context
Policymakers and analysts use this HICP data to assess domestic price pressures and make informed decisions about monetary and fiscal policies.
Key Facts
- Estonia's HICP for household appliances has increased by 2.3% over the past year.
- Major appliances make up approximately 60% of the index basket.
- This metric is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Major Household Appliances Whether Electric or Not and Small Electric Household Appliances measures changes in the prices of a representative basket of household appliances in Estonia.
Q: Why is this trend relevant for users or analysts?
A: This HICP index provides valuable insights into consumer spending patterns and inflationary pressures on essential household goods in Estonia, which is important for policymakers and economists analyzing the country's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated according to Eurostat's harmonized methodology for HICP indices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP data to assess domestic price pressures and make informed decisions about monetary and fiscal policies in Estonia.
Q: Are there update delays or limitations?
A: This HICP index is published monthly by Eurostat with no significant update delays.
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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 Estonia (CP0531EEM086NEST), retrieved from FRED.