Harmonized Index of Consumer Prices: Other Recreational Items and Equipment, Gardens and Pets for Euro Area (20 Countries)
CP093MI15EA20M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.97
Year-over-Year Change
0.70%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Other Recreational Items and Equipment, Gardens and Pets measures inflation in the Eurozone for a basket of consumer goods and services related to leisure activities and pets.
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 key economic indicator used to track the general price level in the Eurozone. This specific sub-index provides insights into inflation trends for a range of consumer discretionary products and services that are important for household budgets and quality of life.
Methodology
The data is collected through surveys of consumer prices across the Eurozone member states.
Historical Context
HICP data is closely monitored by the European Central Bank to inform monetary policy decisions.
Key Facts
- The Eurozone HICP covers 20 member countries.
- Other Recreational Items and Equipment, Gardens and Pets is one of the 12 main HICP expenditure divisions.
- HICP data is released monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: This economic indicator measures changes in the prices of a basket of consumer goods and services related to leisure activities, gardens, and pet ownership in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Other Recreational Items and Equipment, Gardens and Pets provides valuable insights into inflation dynamics for a significant portion of household discretionary spending, which is important for understanding consumer behavior and the overall health of the Eurozone economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of consumer prices across the Eurozone member states and aggregated by Eurostat to produce the HICP sub-index.
Q: How is this trend used in economic policy?
A: The HICP data, including this sub-index, is closely monitored by the European Central Bank to inform monetary policy decisions aimed at maintaining price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is released monthly by Eurostat with a typical lag of around 2-3 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Other Recreational Items and Equipment, Gardens and Pets for Euro Area (20 Countries) (CP093MI15EA20M086NEST), retrieved from FRED.