Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1200E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.91
Year-over-Year Change
3.90%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Miscellaneous Goods and Services tracks the price changes of a wide range of consumer items in the European Economic Area. This metric is a key indicator of inflation and consumer purchasing power.
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 for Miscellaneous Goods and Services is a subcomponent of the broader HICP, which measures the average change in prices paid by consumers across a representative basket of goods and services. The Miscellaneous category covers a diverse array of items not captured in other HICP segments.
Methodology
The HICP data is collected through household surveys and retail price observations across participating European countries.
Historical Context
Policymakers and economists closely monitor HICP trends to assess inflationary pressures and the effectiveness of monetary policy.
Key Facts
- The HICP is harmonized across European countries to enable cross-national comparisons.
- Miscellaneous goods and services account for around 13% of the overall HICP basket.
- HICP data is released monthly by Eurostat, the European Union's statistical agency.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Miscellaneous Goods and Services tracks the price changes of a wide range of consumer items in the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Miscellaneous Goods and Services is a key indicator of inflation and consumer purchasing power, which are crucial factors for policymakers and economists.
Q: How is this data collected or calculated?
A: The HICP data is collected through household surveys and retail price observations across participating European countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor HICP trends to assess inflationary pressures and the effectiveness of monetary policy.
Q: Are there update delays or limitations?
A: HICP data is released monthly by Eurostat, the European Union's statistical agency, with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP1200E3CCM086NEST), retrieved from FRED.