Harmonized Index of Consumer Prices: Insurance Connected with Health for Turkey
CP1253TRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
967.97
Year-over-Year Change
68.10%
Date Range
12/1/2003 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Insurance Connected with Health for Turkey measures the price changes of insurance services related to healthcare in Turkey. This metric is a key indicator of consumer price inflation and health sector dynamics.
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 Harmonized Index of Consumer Prices (HICP) is a set of consumer price indices calculated and published by Eurostat and national statistical institutes. The HICP for Insurance Connected with Health in Turkey specifically tracks the prices paid by consumers for insurance products associated with healthcare, providing insights into inflation in the Turkish health insurance market.
Methodology
The data is collected through surveys of prices paid by consumers for a representative basket of goods and services.
Historical Context
The HICP for Insurance Connected with Health is used by policymakers, economists, and financial analysts to assess cost-of-living trends and make informed decisions.
Key Facts
- The base year for the HICP is 2015.
- Insurance Connected with Health accounts for around 1.3% of the total HICP basket in Turkey.
- The index is published monthly by the Turkish Statistical Institute.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Insurance Connected with Health for Turkey measures the price changes of insurance services related to healthcare in Turkey.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into inflation in the Turkish health insurance market, which is crucial for understanding consumer price dynamics and making informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by consumers for a representative basket of goods and services.
Q: How is this trend used in economic policy?
A: The HICP for Insurance Connected with Health is used by policymakers, economists, and financial analysts to assess cost-of-living trends and make informed decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Turkish Statistical Institute with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Insurance Connected with Health for Turkey (CP1253TRM086NEST), retrieved from FRED.