Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Germany
CP1200DEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.70
Year-over-Year Change
5.60%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Miscellaneous Goods and Services in Germany measures price changes in a broad basket of household items. This metric is a key indicator of inflation and consumer spending trends in the German 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 HICP Miscellaneous Goods and Services index tracks price fluctuations for a diverse range of products and services, including personal care items, insurance, social protection, and financial services. It is an important benchmark used by policymakers and economists to assess overall inflationary pressures in Germany.
Methodology
The German Federal Statistical Office collects and aggregates price data from thousands of retail locations to calculate the HICP index.
Historical Context
The HICP is a standardized measure used across the Eurozone to monitor and harmonize inflation rates.
Key Facts
- The HICP Miscellaneous Goods and Services index accounts for over 13% of the total German consumer price basket.
- Prices in this category have risen by an average of 2.1% annually over the past decade.
- Trends in this index help the European Central Bank set appropriate monetary policy for the Eurozone.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Miscellaneous Goods and Services in Germany tracks price changes across a wide range of household products and services.
Q: Why is this trend relevant for users or analysts?
A: The HICP Miscellaneous Goods and Services index is an important indicator of overall inflation and consumer spending patterns in the German economy.
Q: How is this data collected or calculated?
A: The German Federal Statistical Office collects price data from thousands of retail locations to calculate the HICP index.
Q: How is this trend used in economic policy?
A: The HICP is a standardized metric used across the Eurozone to monitor inflation, which informs monetary policy decisions by the European Central Bank.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately 2 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Germany (CP1200DEM086NEST), retrieved from FRED.