Harmonized Index of Consumer Prices: Energy and Unprocessed Food for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
EFOODUE3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.79
Year-over-Year Change
0.83%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Energy and Unprocessed Food for European Economic Area (EEA18-2004, EEA28-2006, EEA30) measures the price changes of energy and unprocessed food for the European Economic Area. This index is a key indicator for economists and policymakers tracking inflation trends in the region.
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 part of the Harmonized Index of Consumer Prices (HICP) system, which provides a comparable measure of inflation across European countries. The energy and unprocessed food components are tracked separately to provide insight into the drivers of overall price changes.
Methodology
The data is collected through consumer price surveys conducted by national statistical agencies across the EEA.
Historical Context
This index helps central banks and fiscal authorities monitor inflationary pressures and inform economic policy decisions.
Key Facts
- The EEA includes 30 countries as of 2022.
- Energy and unprocessed food account for approximately 15% of the HICP basket.
- The index uses 2015 as the base year.
FAQs
Q: What does this economic trend measure?
A: This index measures the price changes of energy and unprocessed food products for the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: The energy and unprocessed food components provide valuable insight into inflationary pressures in the EEA, which is crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by national statistical agencies across the EEA.
Q: How is this trend used in economic policy?
A: Central banks and fiscal authorities use this index to monitor inflationary trends and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately 2 months.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy and Unprocessed Food for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (EFOODUE3CCM086NEST), retrieved from FRED.