Harmonized Index of Consumer Prices: Repair of Household Appliances for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0533E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.12
Year-over-Year Change
4.62%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Repair of Household Appliances tracks the prices paid by consumers in the European Economic Area (EEA) for repairing household appliances. This metric is a key indicator of inflation in the EEA region.
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 Repair of Household Appliances is a component of the broader HICP, which measures the change in the average price level of consumer goods and services purchased by households across EEA countries. This sub-index provides insights into price trends within the household appliances repair sector.
Methodology
The data is collected through surveys of consumer prices by national statistical agencies and aggregated by Eurostat.
Historical Context
Policymakers use this index to assess inflationary pressures and inform monetary policy decisions.
Key Facts
- The EEA includes the 27 EU member states plus Iceland, Liechtenstein, and Norway.
- The HICP is published monthly by Eurostat.
- Repair of Household Appliances is one of over 90 product categories included in the HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Repair of Household Appliances measures the change in prices paid by consumers in the European Economic Area (EEA) for repairing household appliances.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures within the household appliances repair sector, which is an important component of overall consumer spending in the EEA.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys by national statistical agencies and aggregated by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess inflationary trends and inform monetary policy decisions in the EEA.
Q: Are there update delays or limitations?
A: The HICP is published monthly by Eurostat, with some potential for minor delays in data reporting from national agencies.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Repair of Household Appliances for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0533E3CCM086NEST), retrieved from FRED.