Harmonized Index of Consumer Prices: Health for Estonia
CP0600EEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165.74
Year-over-Year Change
10.57%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Health in Estonia measures the changes in prices for healthcare goods and services in the country. This key economic indicator is crucial for policymakers and analysts to understand inflationary pressures 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 for Health in Estonia is a subindex of the broader HICP, which tracks the changes in consumer prices across the entire Estonian economy. The health component specifically monitors the prices of medical products, appliances and equipment, as well as healthcare services.
Methodology
The data is collected through surveys of Estonian consumers and businesses by Eurostat, the statistical office of the European Union.
Historical Context
The HICP for Health is used by the European Central Bank and Estonian policymakers to inform monetary and fiscal policies.
Key Facts
- The health component accounts for approximately 4% of the overall HICP basket in Estonia.
- Prices for healthcare services make up over 60% of the health HICP subindex.
- Estonia's health HICP has risen by an average of 3.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Health in Estonia tracks the changes in prices for a basket of healthcare goods and services in the country.
Q: Why is this trend relevant for users or analysts?
A: The health HICP is a crucial indicator for understanding inflationary pressures and consumer behavior related to healthcare spending in Estonia.
Q: How is this data collected or calculated?
A: The data is collected through consumer and business surveys by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The HICP for Health in Estonia is used by the European Central Bank and Estonian 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 lag of approximately two months.
Related Trends
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Harmonized Index of Consumer Prices: Overall Index Excluding Alcohol and Tobacco for Estonia
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Estonia
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Remittance Inflows to GDP for Estonia
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Health for Estonia (CP0600EEM086NEST), retrieved from FRED.