Harmonized Index of Consumer Prices: Medical Products, Appliances and Equipment for Portugal
CP0610PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.03
Year-over-Year Change
2.07%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Medical Products, Appliances and Equipment in Portugal measures changes in the prices paid by consumers for this basket of goods and services. It is a key economic indicator used by policymakers to track inflation.
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 is a standardized measure of consumer price inflation across European Union countries. The Medical Products, Appliances and Equipment component tracks the prices of healthcare-related goods and services, providing insight into a crucial sector of the Portuguese economy.
Methodology
The data is collected through surveys of consumer expenditures and compiled by Portugal's National Statistical Institute.
Historical Context
Policymakers and analysts use this HICP component to assess inflationary pressures and inform monetary policy decisions.
Key Facts
- Portugal's HICP for Medical Products, Appliances and Equipment has a base year of 2015.
- This index is published monthly by Eurostat, the statistical office of the European Union.
- Healthcare costs are a significant portion of household spending in Portugal.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Medical Products, Appliances and Equipment in Portugal measures changes in the prices paid by consumers for healthcare-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides valuable insight into inflationary pressures in the healthcare sector, which is crucial for policymakers and economists analyzing the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and compiled by Portugal's National Statistical Institute.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP component to assess inflationary pressures and inform monetary policy decisions in Portugal.
Q: Are there update delays or limitations?
A: The HICP data is published monthly by Eurostat, with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Medical Products, Appliances and Equipment for Portugal (CP0610PTM086NEST), retrieved from FRED.