Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for European Union
CP0932EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.22
Year-over-Year Change
-0.74%
Date Range
1/1/1996 - 6/1/2025
Summary
This economic trend measures the Harmonized Index of Consumer Prices (HICP) for equipment for sport, camping, and open-air recreation in the European Union. It provides insights into consumer spending patterns and inflationary pressures in this specific product category.
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 key economic indicator used to track and compare inflation across European Union member states. The HICP for equipment for sport, camping, and open-air recreation specifically measures price changes for a basket of goods and services in this consumer segment.
Methodology
The HICP data is collected and calculated by national statistical agencies and harmonized by Eurostat, the statistical office of the European Union.
Historical Context
This index is useful for economists, policymakers, and market analysts to understand consumer demand and inflation dynamics in the leisure equipment market.
Key Facts
- The HICP measures price changes in a fixed basket of goods and services.
- The EU-wide HICP is calculated as a weighted average of national HICPs.
- This index tracks prices for items like sports equipment, camping gear, and outdoor recreation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the Harmonized Index of Consumer Prices (HICP) for equipment for sport, camping, and open-air recreation in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into consumer spending patterns and inflationary pressures in the leisure equipment market, which is useful for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The HICP data is collected and calculated by national statistical agencies and harmonized by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: This index is used by economists and policymakers to understand consumer demand and inflation dynamics in the leisure equipment market, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with typical release delays of around 2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Equipment for Sport, Camping and Open-Air Recreation for European Union (CP0932EUCCM086NEST), retrieved from FRED.