Harmonized Index of Consumer Prices: Major Household Appliances Whether Electric or Not and Small Electric Household Appliances for European Union
CP0531EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.84
Year-over-Year Change
-1.45%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Major Household Appliances and Small Electric Household Appliances tracks price changes for a basket of consumer goods in the European Union. This index 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
This index measures the change in prices of major household appliances, such as refrigerators and washing machines, as well as small electric household appliances like coffee makers and blenders. It is a component of the broader Harmonized Index of Consumer Prices, which is used by policymakers to assess the overall rate of inflation in the EU.
Methodology
The data is collected through surveys of consumer prices across the European Union.
Historical Context
This index provides important insights into consumer demand and pricing trends that inform economic and monetary policy decisions.
Key Facts
- The index is a component of the broader Harmonized Index of Consumer Prices (HICP) for the EU.
- Appliances account for a significant portion of household budgets, making this index a useful indicator of inflation.
- The index is published monthly, providing timely data on consumer price trends.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in prices of major household appliances, such as refrigerators and washing machines, as well as small electric household appliances like coffee makers and blenders in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into consumer demand and pricing trends that inform economic and monetary policy decisions in the EU.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices across the European Union.
Q: How is this trend used in economic policy?
A: This index is a component of the broader Harmonized Index of Consumer Prices (HICP), which is used by policymakers to assess the overall rate of inflation in the EU and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly, providing timely data on consumer price trends.
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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 Union (CP0531EUCCM086NEST), retrieved from FRED.