Harmonized Index of Consumer Prices: Canteens for Euro Area (19 Countries)
CP1112EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.18
Year-over-Year Change
3.53%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Canteens measures the price changes of food and beverages consumed in canteen settings across the Eurozone. It is a key indicator of cost-of-living trends for workers.
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 used by the European Union to assess price stability. The Canteens component tracks price changes for meals and refreshments purchased in workplace, school, and other institutional cafeterias.
Methodology
The data is collected through consumer surveys and point-of-sale information by Eurostat, the EU's statistical agency.
Historical Context
Policymakers and economists monitor the Canteens HICP to gauge inflationary pressures and the purchasing power of employees.
Key Facts
- The Canteens HICP is a component of the overall Eurozone HICP.
- It accounts for around 1% of the total Eurozone consumer price index.
- Prices are tracked monthly across the 19 countries that use the Euro currency.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Canteens measures the price changes of food and beverages consumed in cafeteria settings across the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: The Canteens HICP is an important indicator of cost-of-living trends for workers, providing insights into inflationary pressures and the purchasing power of employees.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and point-of-sale information by Eurostat, the statistical agency of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Canteens HICP to assess inflationary pressures and the purchasing power of employees, which informs decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Canteens HICP data is published monthly by Eurostat with a typical lag of around 2 months.
Related Trends
Consumer Price Index: OECD Groups: Energy (Fuel, electricity & gasoline): Total for the European Union
EU28CPGREN01GYM
Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for Euro Area (19 Countries)
CP0915EZ19M086NEST
Inactive Population: Aged 15-74: Males for the European Union
LFIN74MAEUQ647N
Inactivity Rate: Aged 15-74: Females for the European Union
LRIN74FEEUA156N
Import Price Index by Origin (NAICS): Agriculture, Construction, and Mining Machinery Manufacturing for European Union
COEECZ3331
Harmonized Index of Consumer Prices: Pharmaceutical Products for European Union (27 Countries from 2020)
CP0611EU272020M086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Canteens for Euro Area (19 Countries) (CP1112EZ19M086NEST), retrieved from FRED.