Harmonized Index of Consumer Prices: Social Protection for Croatia
CP1240HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.02
Year-over-Year Change
7.33%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Social Protection in Croatia measures changes in the prices of goods and services related to social protection, a key component of the overall cost of living.
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 HICP is a standardized measure of inflation used across the European Union to track changes in consumer prices. The Social Protection sub-index focuses specifically on the prices of goods and services related to social welfare programs, providing important insights for policymakers and economists.
Methodology
The data is collected through surveys of consumer purchases and calculated according to Eurostat's HICP methodology.
Historical Context
This trend is closely monitored by the European Central Bank and other institutions to assess economic conditions and guide policy decisions.
Key Facts
- The HICP is a standardized measure used across the EU.
- Social Protection accounts for a significant portion of consumer spending.
- The data is collected through consumer surveys and calculated by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Social Protection in Croatia measures changes in the prices of goods and services related to social welfare programs.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the cost of living and the affordability of social services, which is crucial information for policymakers, economists, and the public.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated according to Eurostat's standardized HICP methodology.
Q: How is this trend used in economic policy?
A: The HICP for Social Protection is closely monitored by the European Central Bank and other institutions to assess economic conditions and guide policy decisions related to social welfare programs.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Social Protection for Croatia (CP1240HRM086NEST), retrieved from FRED.