Harmonized Index of Consumer Prices: Canteens for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
CP1112EZCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.39
Year-over-Year Change
3.45%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Canteens measures inflation in the cost of food and beverages consumed in canteens, cafeterias, and similar establishments in the Euro area. This metric is a key indicator of consumer price trends and the overall state of the economy.
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) for Canteens is a subcomponent of the broader HICP, which is the primary inflation measure used by the European Central Bank to assess price stability. The Canteens HICP provides insights into changes in the cost of dining out, an important aspect of household consumption.
Methodology
The data is collected through surveys of prices charged by food service establishments across the Euro area.
Historical Context
Policymakers and analysts use the Canteens HICP to understand changing consumer behaviors and the impact of inflation on the services sector.
Key Facts
- The Canteens HICP is a subindex of the broader Harmonized Index of Consumer Prices.
- The Canteens HICP measures inflation in the cost of food and beverages consumed in canteens, cafeterias, and similar establishments.
- The Canteens HICP is an important indicator of consumer price trends and the overall state of the Euro area economy.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Canteens measures inflation in the cost of food and beverages consumed in canteens, cafeterias, and similar establishments in the Euro area.
Q: Why is this trend relevant for users or analysts?
A: The Canteens HICP provides insights into changing consumer behaviors and the impact of inflation on the services sector, which is important for policymakers and analysts to understand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices charged by food service establishments across the Euro area.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Canteens HICP to assess price stability and understand the impact of inflation on the services sector in the Euro area.
Q: Are there update delays or limitations?
A: The Canteens HICP data is published regularly by the European Central Bank, but there may be some delays or limitations in data coverage across the Euro area.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Canteens for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023) (CP1112EZCCM086NEST), retrieved from FRED.