Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for Euro Area (19 Countries)
CP0915EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.35
Year-over-Year Change
1.28%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Repair of Audio-Visual, Photographic and Information Processing Equipment tracks the price changes of these repair services in the Eurozone. This metric is a key indicator of consumer inflation and purchasing power in the European economy.
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 is a comprehensive measure of consumer price inflation in the Eurozone. The Repair of Audio-Visual, Photographic and Information Processing Equipment component provides insights into the cost of maintaining and servicing these types of devices, which are important household expenditures.
Methodology
The HICP is calculated based on a survey of consumer prices across Eurozone countries.
Historical Context
Policymakers and analysts use the HICP to assess the overall health of the Eurozone economy and to inform monetary policy decisions.
Key Facts
- The Eurozone HICP has been published since 1996.
- Repair of electronic devices is a significant household expense.
- The HICP is a harmonized measure across Eurozone countries.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Repair of Audio-Visual, Photographic and Information Processing Equipment tracks the price changes of these repair services in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the cost of maintaining and servicing important household electronic devices, which is a key component of consumer inflation and purchasing power in the European economy.
Q: How is this data collected or calculated?
A: The HICP is calculated based on a survey of consumer prices across Eurozone countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the HICP to assess the overall health of the Eurozone economy and to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a relatively short delay, providing timely information on consumer price trends in the Eurozone.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for Euro Area (19 Countries) (CP0915EZ19M086NEST), retrieved from FRED.