Harmonized Index of Consumer Prices: Insurance Connected with Health for European Union (27 Countries from 2020)
CP1253EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.95
Year-over-Year Change
5.37%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for insurance connected with health measures changes in the prices paid by consumers for this component in the European Union (27 countries from 2020). This metric is closely monitored by economists and policymakers to gauge inflationary trends in the healthcare sector.
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 for insurance connected with health is a key economic indicator that tracks price movements for health insurance premiums and related costs within the EU. It is used to assess the overall rate of inflation and inform monetary policy decisions by central banks.
Methodology
The data is collected through surveys of households and businesses across the EU member states.
Historical Context
Trends in this HICP component are relevant for understanding broader healthcare cost pressures and their potential impact on consumer spending and the broader economy.
Key Facts
- The EU HICP tracks price changes for over 700 consumer goods and services.
- Health insurance accounts for over 3% of total household consumption in the EU.
- Inflation in the healthcare sector can impact individual and government budgets.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for insurance connected with health measures changes in the prices paid by consumers for health insurance premiums and related costs in the European Union.
Q: Why is this trend relevant for users or analysts?
A: Trends in this HICP component are closely monitored by economists and policymakers to gauge inflationary pressures in the healthcare sector, which can impact consumer spending and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses across the EU member states.
Q: How is this trend used in economic policy?
A: Insights from the HICP for insurance connected with health help inform monetary policy decisions by central banks aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately one month.
Related Trends
Employed Population: Aged 15-64: All Persons for the European Union
LFEM64TTEUA647N
Consumer Price Index: Harmonised prices: Housing, water, electricity, gas and other fuels (COICOP 04): Electricity, gas and other fuels for the European Union
EU28CPHP0405IXOBM
Producer Prices Index: Type of goods: Intermediate goods: Domestic for the European Union
EU28PITGIG02GPM
Harmonized Index of Consumer Prices: Overall Index Excluding Seasonal Food for European Union (28 Countries)
00XSEAEU28M086NEST
Producer Prices Index: Type of goods: Investments goods: Domestic for the European Union
EU28PITGVG02GPM
Employed Population: Aged 55-64: Females for the European Union
LFEM55FEEUA657N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Insurance Connected with Health for European Union (27 Countries from 2020) (CP1253EU272020M086NEST), retrieved from FRED.