Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0911E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.61
Year-over-Year Change
-5.18%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Equipment for the Reception, Recording and Reproduction of Sound and Picture tracks the prices of consumer electronic products in the European Economic Area. This key economic indicator provides insight into consumer demand and inflation trends.
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: Equipment for the Reception, Recording and Reproduction of Sound and Picture is a subindex of the broader Harmonized Index of Consumer Prices, which measures the average change in prices paid by consumers across participating European countries. This subindex specifically focuses on the price changes of consumer electronics and entertainment devices.
Methodology
The data is collected through surveys of consumer prices and calculated using a harmonized methodology across European statistical agencies.
Historical Context
Policymakers and analysts use this HICP subindex to assess consumer behavior and inflationary pressures within the consumer electronics market.
Key Facts
- The HICP: Equipment for the Reception, Recording and Reproduction of Sound and Picture is a subindex of the broader HICP basket.
- This index tracks price changes for a range of consumer electronics, including televisions, audio equipment, and cameras.
- The HICP is a key economic indicator used by the European Central Bank to monitor inflation across the Eurozone.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture measures the average change in prices paid by consumers for a basket of consumer electronics and entertainment products in the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This HICP subindex provides important insights into consumer demand and inflationary pressures within the consumer electronics market, which is a key sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices and calculated using a harmonized methodology across European statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP subindex to assess consumer behavior and inflationary pressures within the consumer electronics market, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or limitations due to the harmonized data collection process across multiple European countries.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0911E3CCM086NEST), retrieved from FRED.