Consumer Price Index: Harmonised Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling for the Euro Area (19 Countries)
EA19CPHP0404IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.25
Year-over-Year Change
3.52%
Date Range
1/1/1996 - 1/1/2023
Summary
The Consumer Price Index: Harmonised Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04) measures changes in the prices paid by consumers for housing, utilities, and related services in the Eurozone.
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 index is a key indicator of inflation and consumer spending in the Eurozone. It helps policymakers and analysts understand the cost-of-living pressures facing households and guides monetary and fiscal policy decisions.
Methodology
The data is collected through surveys of consumer prices across Eurozone countries.
Historical Context
This index is closely monitored by the European Central Bank and national governments to assess price stability and the overall health of the Eurozone economy.
Key Facts
- The index covers 19 Eurozone countries.
- Housing and utilities make up over 20% of the Eurozone consumer basket.
- The index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices consumers pay for housing, water, electricity, gas, and other household utilities and services in the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of inflation and consumer spending in the Eurozone, providing important insights for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices across Eurozone countries.
Q: How is this trend used in economic policy?
A: This index is closely monitored by the European Central Bank and national governments to assess price stability and the overall health of the Eurozone economy.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat with minimal delays.
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Citation
U.S. Federal Reserve, Consumer Price Index: Harmonised Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Water Supply and Miscellaneous Services Relating to the Dwelling for the Euro Area (19 Countries) (EA19CPHP0404IXOBM), retrieved from FRED.