Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for European Union
CP1200EUCCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.95
Year-over-Year Change
3.92%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Miscellaneous Goods and Services tracks price changes in a broad basket of consumer products in the European Union. This metric is a key indicator of overall inflation in the EU 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 measures price movements across a diverse range of consumer items, including personal care products, financial services, and recreational activities. It is a important gauge of consumer purchasing power and a core input for monetary policy decisions by the European Central Bank.
Methodology
The data is collected through surveys of retail transactions and service fees across EU member states.
Historical Context
Policymakers and analysts closely monitor the HICP to assess inflationary pressures and the efficacy of economic interventions.
Key Facts
- The HICP is a harmonized, EU-wide metric for measuring consumer price changes.
- Miscellaneous goods and services account for over 13% of the total HICP basket.
- HICP data is released monthly by Eurostat, the EU's statistical agency.
FAQs
Q: What does this economic trend measure?
A: The HICP for Miscellaneous Goods and Services tracks price changes across a wide range of consumer products and services in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of overall inflation in the EU economy and helps guide monetary policy decisions by the European Central Bank.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail transactions and service fees across EU member states.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the HICP to assess inflationary pressures and the effectiveness of economic interventions.
Q: Are there update delays or limitations?
A: HICP data is released monthly by Eurostat, the EU's statistical agency.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for European Union (CP1200EUCCM086NEST), retrieved from FRED.