Harmonized Index of Consumer Prices: Restaurants and Hotels for Euro Area (19 Countries)
CP1100EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.11
Year-over-Year Change
3.38%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Restaurants and Hotels in the Euro Area (19 countries) is a key indicator of inflation in the hospitality sector, which is important for understanding consumer spending patterns.
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 Restaurants and Hotels index tracks the prices paid by consumers for dining out and lodging in the Euro Area. It is a critical component of the overall HICP, which is the European Union's primary inflation measure and guides monetary policy decisions.
Methodology
The HICP data is collected through surveys of consumer prices across the Eurozone.
Historical Context
Policymakers and analysts use this index to assess the state of the hospitality industry and its impact on overall consumer prices.
Key Facts
- The HICP Restaurants and Hotels index is a component of the overall HICP for the Eurozone.
- It covers prices for dining out and lodging, which make up a significant portion of consumer spending.
- The index is seasonally adjusted to account for fluctuations in tourism and dining habits.
FAQs
Q: What does this economic trend measure?
A: The HICP Restaurants and Hotels index measures the prices paid by consumers for dining out and lodging in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflation in the hospitality sector, which can provide insights into consumer spending patterns and the overall state of the Eurozone economy.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of consumer prices across the Eurozone.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the state of the hospitality industry and its impact on overall consumer prices, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP Restaurants and Hotels index is published monthly with a typical 1-month delay.
Related Trends
Harmonized Index of Consumer Prices: Clothing and Footwear for European Union (27 Countries from 2020)
CP0300EU272020M086NEST
Harmonized Index of Consumer Prices: Heat Energy for Euro Area (19 Countries)
CP0455EZ19M086NEST
Import Price Index by Origin (NAICS): Machinery Manufacturing for European Union
COEECZ333
Harmonized Index of Consumer Prices: Clothing and Footwear for Euro Area (19 Countries)
CP0300EZ19M086NEST
Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for European Union (27 Countries from 2020)
CP0621EU272020M086NEST
Employed Population: Aged 25-54: All Persons for the European Union
LFEM25TTEUQ647N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Restaurants and Hotels for Euro Area (19 Countries) (CP1100EZ19M086NEST), retrieved from FRED.