Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
CP0911EZCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.61
Year-over-Year Change
-4.86%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Equipment for the Reception, Recording and Reproduction of Sound and Picture tracks the prices of electronic devices and media in the Eurozone. This metric is crucial for assessing changes in consumer spending and inflationary pressures.
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 Sound and Picture index measures the price levels of a basket of consumer electronics and audio-visual products in the Eurozone. It is a key component of the broader HICP, which is the primary gauge of inflation used by the European Central Bank to guide monetary policy.
Methodology
The data is collected through surveys of retail prices across Eurozone countries.
Historical Context
Policymakers and analysts monitor this index to understand consumer demand and assess the impact of technological change on household budgets.
Key Facts
- The Eurozone HICP has a base year of 2015 = 100.
- Electronic equipment accounts for over 3% of the total HICP basket.
- This index helps track the affordability of consumer tech products.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Equipment for the Reception, Recording and Reproduction of Sound and Picture tracks the prices of a basket of consumer electronics and audio-visual products in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial component of the broader HICP, which is the primary gauge of inflation used by the European Central Bank to guide monetary policy. It provides insight into consumer demand and technological change.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail prices across Eurozone countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to understand consumer demand and assess the impact of technological change on household budgets.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a relatively short lag, providing timely information on price movements.
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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 Euro Area (CP0911EZCCM086NEST), retrieved from FRED.