Harmonized Index of Consumer Prices: Games, Toys and Hobbies for European Union
CP0931EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.46
Year-over-Year Change
0.50%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Games, Toys and Hobbies for the European Union measures the price changes of recreational goods like games, toys, and hobby items. This metric is a key indicator of consumer spending and inflation in the EU.
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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across the European Union. The Games, Toys and Hobbies component tracks the prices of recreational products, providing insights into consumer demand and spending patterns.
Methodology
This data is collected through periodic surveys of consumer prices across EU member states.
Historical Context
Policymakers at the European Central Bank and national governments use this HICP component to inform monetary and fiscal policy decisions.
Key Facts
- The Games, Toys and Hobbies HICP is one of 12 major components that make up the overall EU consumer price index.
- Prices in this category have risen by an average of 1.5% per year over the past decade.
- Trends in the Games, Toys and Hobbies HICP can signal changing consumer preferences and disposable income levels.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Games, Toys and Hobbies for the European Union measures the price changes of recreational goods like games, toys, and hobby items.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer demand and spending patterns for recreational products, which is a key indicator of overall economic health and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through periodic surveys of consumer prices across EU member states.
Q: How is this trend used in economic policy?
A: Policymakers at the European Central Bank and national governments use this HICP component to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: There may be lags of several months before the latest data is published, and the survey methodology may not capture all price changes.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Games, Toys and Hobbies for European Union (CP0931EUCCM086NEST), retrieved from FRED.