Harmonized Index of Consumer Prices: Postal Services for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0810E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.88
Year-over-Year Change
8.07%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Postal Services tracks changes in the prices paid by consumers for postal services in the European Economic Area (EEA). This metric is a key indicator of inflation and consumer spending patterns in the EEA.
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 Postal Services is a sub-index of the broader HICP, which measures the average change in prices of a basket of consumer goods and services. This postal services index provides insight into price dynamics in the postal industry, an important economic sector for consumers and businesses.
Methodology
The data is collected through surveys of consumer prices across EEA countries and aggregated into a harmonized regional index.
Historical Context
Policymakers and analysts use this HICP data to monitor inflationary pressures and consumer behavior in the postal services market.
Key Facts
- The EEA includes the 27 EU member states plus Iceland, Liechtenstein, and Norway.
- Postal services account for about 0.5% of the HICP consumption basket.
- The index uses 2015 as the base year for price comparisons.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Postal Services measures changes in the prices paid by consumers for postal services in the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into price dynamics in the postal industry, an important economic sector for consumers and businesses. Policymakers and analysts use this data to monitor inflationary pressures and consumer behavior in the postal services market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices across EEA countries and aggregated into a harmonized regional index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP data to monitor inflationary pressures and consumer behavior in the postal services market.
Q: Are there update delays or limitations?
A: The data is published monthly with an approximate 2-month lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Postal Services for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0810E3CCM086NEST), retrieved from FRED.