Harmonized Index of Consumer Prices: Health for Romania
CP0600ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.49
Year-over-Year Change
6.20%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Health for Romania measures the changes in consumer prices for healthcare goods and services in Romania. This metric is crucial for tracking inflation and informing economic policymaking.
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: Health is a key indicator used to monitor inflation trends in the healthcare sector of the Romanian economy. It provides insights into price changes for a basket of common medical products, services, and treatments.
Methodology
The data is collected by Romania's National Institute of Statistics through surveys of consumer expenditures.
Historical Context
This index helps central banks and policymakers assess inflationary pressures and the overall cost of living in Romania.
Key Facts
- The base year for this index is 2015.
- Healthcare is approximately 5% of the consumer price basket in Romania.
- The index tracks price changes for medical products, services, and hospital care.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Health for Romania measures 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 provides crucial insights into inflationary pressures within the Romanian healthcare sector, informing economic policymaking and assessments of the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected by Romania's National Institute of Statistics through surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: Central banks and policymakers use this index to assess inflationary trends and the cost of living in Romania, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, as the index is based on consumer expenditure surveys.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Health for Romania (CP0600ROM086NEST), retrieved from FRED.