Harmonized Index of Consumer Prices: Health for Spain
CP0600ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.03
Year-over-Year Change
2.01%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Health for Spain measures the changes in consumer prices for healthcare goods and services in Spain. This is a key economic indicator used by policymakers to monitor inflation and consumer spending.
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 European Union-wide standard for measuring inflation and consumer price changes. The Health component specifically tracks the prices of healthcare products, medical services, and related expenditures for Spanish households.
Methodology
The data is collected through consumer surveys and price observations by Spain's National Statistics Institute.
Historical Context
The HICP Health index is used by the European Central Bank and Spanish government to assess the overall cost of living and inform economic policy decisions.
Key Facts
- The HICP Health index has a base year of 2015 = 100.
- Spain's HICP Health index reached a record high of 109.1 in January 2023.
- Healthcare costs account for around 5% of the total HICP basket in Spain.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Health for Spain measures the changes in consumer prices for healthcare goods and services in the country.
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 consumer spending patterns in the healthcare sector, which is crucial for assessing the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and price observations by Spain's National Statistics Institute.
Q: How is this trend used in economic policy?
A: The HICP Health index is used by the European Central Bank and Spanish government to inform economic policy decisions related to healthcare costs and overall inflation.
Q: Are there update delays or limitations?
A: The HICP Health index for Spain is published monthly with a typical delay of 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Health for Spain (CP0600ESM086NEST), retrieved from FRED.