Consumer Price Index: Harmonized Prices: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Ireland
Index Eurostat base
IRLCPHP0500IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.40
Year-over-Year Change
0.00%
Date Range
1/1/1996 - 11/1/2023
Summary
The Eurostat base index measures the overall price level in the Eurozone economy. It is a key indicator used by policymakers to track inflation and guide monetary policy decisions.
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 Eurostat base index is a comprehensive measure of consumer prices across the Eurozone. It tracks changes in the prices of a basket of goods and services that represent household consumption in the Eurozone countries.
Methodology
The index is calculated based on data collected by national statistical agencies across the Eurozone and aggregated by Eurostat.
Historical Context
The Eurostat base index is closely monitored by the European Central Bank to assess inflationary pressures and inform its monetary policy actions.
Key Facts
- The base year for the Eurostat index is 2015.
- The index covers 19 Eurozone countries.
- The index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Eurostat base index measures changes in the overall price level of consumer goods and services in the Eurozone economy.
Q: Why is this trend relevant for users or analysts?
A: The Eurostat base index is a crucial indicator for assessing inflationary pressures and informing monetary policy decisions in the Eurozone.
Q: How is this data collected or calculated?
A: The index is calculated by Eurostat based on price data collected by national statistical agencies across the Eurozone countries.
Q: How is this trend used in economic policy?
A: The Eurostat base index is closely monitored by the European Central Bank to guide its monetary policy actions and maintain price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The Eurostat base index is published monthly, with a lag of around one month.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Ireland
IRLCPHP1100IXOBM
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Ireland
LREM64FEIEA156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Ireland
IRLCPHP0500IXOBM
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Ireland
CRDQIEANABIS
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Ireland
LREM64TTIEQ156S
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Ireland
IRLSARTMISMEI
Citation
U.S. Federal Reserve, Index Eurostat base (IRLCPHP0500IXEBM), retrieved from FRED.