Harmonized Index of Consumer Prices: Insurance Connected with Transport for Croatia
CP1254HRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.88
Year-over-Year Change
0.39%
Date Range
1/1/1998 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Insurance Connected with Transport in Croatia measures the inflation rate for this category of consumer expenditures. It is a key economic indicator used to track and analyze price changes across the Croatian economy.
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 Transport in Croatia is part of the broader Harmonized Index of Consumer Prices, which is the standard measure of inflation in the European Union. This specific index focuses on the price changes of insurance products related to transportation, providing insights into a crucial component of household spending.
Methodology
The data is collected through a survey of consumer prices by Croatia's national statistical agency.
Historical Context
Policymakers and economists monitor this HICP index to understand inflationary pressures and make informed decisions about monetary and fiscal policies.
Key Facts
- The base year for the HICP is 2015 = 100.
- Insurance Connected with Transport accounts for approximately 3.4% of the total HICP basket in Croatia.
- Croatia joined the Eurozone in 2023, making the HICP a critical metric for its monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Insurance Connected with Transport in Croatia measures the inflation rate for this category of consumer expenditures.
Q: Why is this trend relevant for users or analysts?
A: This HICP index provides important insights into inflationary pressures on a key component of household spending, which is crucial for policymakers and economists to monitor.
Q: How is this data collected or calculated?
A: The data is collected through a survey of consumer prices by Croatia's national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this HICP index to understand inflationary pressures and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Insurance Connected with Transport for Croatia (CP1254HRM086NEST), retrieved from FRED.