Consumer Price Index: All items: Total: Total for the European Union
Index 2015=100, Quarterly
EU28CPALTT01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.62
Year-over-Year Change
4.78%
Date Range
1/1/2000 - 10/1/2019
Summary
The Index 2015=100, Quarterly series measures the quarterly change in the consumer price index for the European Union (EU28). This key inflation metric is closely monitored by policymakers and analysts.
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 Index 2015=100, Quarterly series tracks the harmonized index of consumer prices (HICP) for the 28 countries of the European Union. The HICP is a standardized measure of inflation used across the EU to assess price stability and guide monetary policy.
Methodology
The data is collected through surveys of consumer expenditures and compiled by Eurostat.
Historical Context
Central banks and governments use this index to inform macroeconomic decisions and manage inflation targets.
Key Facts
- The index is set to a base year of 2015 = 100.
- The EU28 HICP tracks a harmonized basket of consumer goods and services.
- Quarterly data is released approximately 1 month after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures the harmonized index of consumer prices (HICP) for the 28 countries of the European Union on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This inflation metric is a key indicator used by central banks and policymakers to assess price stability and guide monetary policy decisions across the EU.
Q: How is this data collected or calculated?
A: The data is collected through consumer expenditure surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Central banks and governments use this index to monitor inflation and inform macroeconomic decisions, such as setting interest rates and managing inflation targets.
Q: Are there update delays or limitations?
A: The quarterly data is released approximately 1 month after the end of each quarter.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (EU28CPALTT01IXOBQ), retrieved from FRED.