Harmonized Index of Consumer Prices: Information Processing Equipment for European Union (27 Countries from 2020)
CP0913EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.48
Year-over-Year Change
-4.68%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Information Processing Equipment tracks the prices of computers, peripherals, and related electronics in the European Union. It serves as an important economic indicator for technology trends and consumer spending.
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 Information Processing Equipment is a sub-index of the broader HICP, which measures the average change in prices for a basket of consumer goods and services across the European Union. This specific index focuses on the prices of technology products and is used to analyze consumer demand and inflation in the electronics sector.
Methodology
The data is collected through surveys of retailers and service providers across the EU member states.
Historical Context
This index is closely watched by policymakers, economists, and technology industry analysts to gauge consumer appetite and inflationary pressures in the electronics market.
Key Facts
- The HICP for Information Processing Equipment is a sub-index of the broader HICP.
- It tracks prices of computers, peripherals, and related electronics in the EU.
- This index is used to analyze consumer demand and inflation in the electronics sector.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Information Processing Equipment measures the average change in prices for a basket of consumer technology products in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This index is closely watched by policymakers, economists, and industry analysts to gauge consumer demand and inflationary pressures in the electronics market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers across the EU member states.
Q: How is this trend used in economic policy?
A: This index is used by policymakers and economists to assess consumer spending and inflation in the technology sector, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Information Processing Equipment data is published monthly with a short delay, providing timely insights into technology price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Information Processing Equipment for European Union (27 Countries from 2020) (CP0913EU272020M086NEST), retrieved from FRED.