Consumer Price Index: OECD Groups: Energy (Fuel, electricity & gasoline): Total for the European Union

Index 2015=100, Monthly

EU28CPGREN01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

107.75

Year-over-Year Change

2.18%

Date Range

12/1/2000 - 1/1/2020

Summary

The EU28 CPGREN01 Index 2015=100, Monthly measures the harmonized consumer price index for the European Union, adjusted for inflation and seasonality. This key economic indicator provides insight into price stability and consumer purchasing power.

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 EU28 CPGREN01 Index 2015=100, Monthly tracks changes in the overall price level of consumer goods and services purchased by households across the 28 member states of the European Union. It is a widely used measure of inflation that enables cross-country comparisons and policy analysis.

Methodology

The index is calculated based on the Harmonized Index of Consumer Prices (HICP) data collected by national statistics offices.

Historical Context

Policymakers at the European Central Bank closely monitor this index to inform monetary policy decisions affecting price stability and economic growth.

Key Facts

  • The base year for the index is 2015.
  • The index is reported on a monthly frequency.
  • It covers all 28 member states of the European Union.

FAQs

Q: What does this economic trend measure?

A: The EU28 CPGREN01 Index 2015=100, Monthly measures the harmonized consumer price index for the European Union, adjusted for inflation and seasonality.

Q: Why is this trend relevant for users or analysts?

A: This index provides insight into price stability and consumer purchasing power across the European Union, enabling cross-country comparisons and policy analysis.

Q: How is this data collected or calculated?

A: The index is calculated based on the Harmonized Index of Consumer Prices (HICP) data collected by national statistics offices.

Q: How is this trend used in economic policy?

A: Policymakers at the European Central Bank closely monitor this index to inform monetary policy decisions affecting price stability and economic growth.

Q: Are there update delays or limitations?

A: The index is reported on a monthly frequency with no known update delays or limitations.

Related Trends

Citation

U.S. Federal Reserve, EU28 CPGREN01 Index 2015=100, Monthly (EU28CPGREN01IXOBM), retrieved from FRED.