Harmonized Index of Consumer Prices: Other Insurance for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP1255E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.37
Year-over-Year Change
6.07%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Other Insurance in the European Economic Area (EEA) measures changes in the prices of insurance services. This key economic indicator helps policymakers and analysts understand inflation trends and consumer behavior.
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 Other Insurance index tracks the prices of non-life insurance products, such as vehicle, home, and travel insurance, across the EEA. It is an important metric for assessing inflationary pressures and consumer spending patterns in the European market.
Methodology
The data is collected through surveys of insurance providers and compiled by Eurostat.
Historical Context
This index is closely monitored by the European Central Bank and other policymakers to inform monetary and fiscal policies.
Key Facts
- The EEA includes the 27 EU member states plus Iceland, Liechtenstein, and Norway.
- The HICP is the primary inflation measure used by the European Central Bank.
- Insurance accounts for approximately 3-4% of the total HICP basket.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Other Insurance measures changes in the prices of non-life insurance products, such as vehicle, home, and travel insurance, across the European Economic Area (EEA).
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflationary pressures and consumer spending patterns in the European insurance market, which helps policymakers and analysts understand broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of insurance providers and compiled by Eurostat.
Q: How is this trend used in economic policy?
A: The HICP Other Insurance index is closely monitored by the European Central Bank and other policymakers to inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Other Insurance for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP1255E3CCM086NEST), retrieved from FRED.