Harmonized Index of Consumer Prices: Social Protection for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1240E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.53
Year-over-Year Change
4.80%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Social Protection tracks inflation in consumer prices for social protection services in the European Economic Area. This benchmark economic indicator helps policymakers and analysts monitor cost-of-living trends.
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 for Social Protection is a price index that measures the changes over time in the prices of consumer goods and services related to social protection, such as healthcare, childcare, and pensions. It is a key economic statistic used to assess inflation and the purchasing power of consumers.
Methodology
The data is collected through surveys of consumer spending and prices by national statistical agencies across the EEA region.
Historical Context
This index is used by the European Central Bank and other policymakers to inform monetary and fiscal policies.
Key Facts
- Covers 30 countries in the European Economic Area.
- Base year is 2015 = 100.
- Tracks price changes for social services like healthcare and pensions.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Social Protection measures changes in the prices of consumer goods and services related to social protection in the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator used by policymakers and economists to monitor inflation and the purchasing power of consumers in the social protection sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer spending and prices by national statistical agencies across the EEA region.
Q: How is this trend used in economic policy?
A: The Harmonized Index of Consumer Prices for Social Protection is used by the European Central Bank and other policymakers to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Social Protection for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP1240E3CCM086NEST), retrieved from FRED.