Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for the Euro Area (19 Countries)
Growth rate previous period, Monthly
EA19CPGRLE01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.80
Year-over-Year Change
-11.11%
Date Range
2/1/1996 - 1/1/2023
Summary
The growth rate previous period, monthly measures the month-over-month change in the Eurozone's consumer price index, providing insight into inflationary trends.
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
This economic indicator tracks the monthly growth rate of the Eurozone's consumer price index, a key measure of inflation. Analyzing these changes is crucial for policymakers and economists to understand the region's economic health and make informed decisions.
Methodology
The data is collected and calculated by Eurostat based on surveys of consumer prices.
Historical Context
The growth rate previous period, monthly is used to monitor Eurozone inflation and guide monetary policy decisions.
Key Facts
- The Eurozone is the economic and monetary union of 19 EU member states.
- The consumer price index is a measure of the average change in prices paid by consumers.
- Analyzing inflation trends is crucial for the European Central Bank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly measures the month-over-month change in the Eurozone's consumer price index, providing insight into inflationary pressures.
Q: Why is this trend relevant for users or analysts?
A: This indicator is crucial for understanding the Eurozone's economic health and guiding monetary policy decisions by the European Central Bank.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat based on surveys of consumer prices.
Q: How is this trend used in economic policy?
A: The growth rate previous period, monthly is used by policymakers and economists to monitor Eurozone inflation and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by Eurostat, with a typical delay of around 2-3 weeks.
Related Trends
Harmonized Index of Consumer Prices: Hospital Services for Albania
CP063MI15ALM086NEST
Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
FUELS0EZCCM086NEST
Harmonized Index of Consumer Prices: Hairdressing Salons and Personal Grooming Establishments for Euro Area (18 countries)
CP1211EZ18M086NEST
Harmonized Index of Consumer Prices: Electricity, Gas, Solid Fuels and Heat Energy for Euro Area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
ELGAS0EZCCM086NEST
Harmonized Index of Consumer Prices: Food and Non-Alcoholic Beverages for Euro Area (18 countries)
CP0100EZ18M086NEST
Producer Prices Index: Economic Activities: Energy: Domestic for Euro Area (19 Countries)
PIEAEN02EZM661N
Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (EA19CPGRLE01GPM), retrieved from FRED.