Harmonized Index of Consumer Prices: Other Medical Products, Therapeutic Appliances and Equipment for European Economic Area (EEA18-2004, EEA28-2006, EEA30)
CP0612E3CCM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.70
Year-over-Year Change
2.15%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Other Medical Products, Therapeutic Appliances and Equipment for European Economic Area (EEA18-2004, EEA28-2006, EEA30) tracks the prices of medical goods and services in the EEA, providing valuable insights into consumer healthcare costs.
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
This index measures the price changes of a basket of medical products, appliances, and equipment purchased by consumers in the European Economic Area. It is a key economic indicator used to assess inflationary pressures and inform policymaking in the healthcare sector.
Methodology
The data is collected through consumer surveys and compiled by Eurostat, the statistical office of the European Union.
Historical Context
This index is monitored by central banks, governments, and market analysts to understand healthcare cost trends and their impact on the broader economy.
Key Facts
- The index covers a wide range of medical goods and services, including pharmaceuticals, medical devices, and healthcare equipment.
- Prices are tracked across 30 countries in the European Economic Area.
- The index is used to monitor healthcare inflation and inform policymaking on medical costs.
FAQs
Q: What does this economic trend measure?
A: This index measures the price changes of a basket of medical products, appliances, and equipment purchased by consumers in the European Economic Area.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator for understanding healthcare cost trends and their impact on the broader economy, informing policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through consumer surveys and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: This index is monitored by central banks, governments, and market analysts to understand healthcare cost trends and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The index is published regularly by Eurostat, but there may be delays or limitations in data availability across the 30 countries in the European Economic Area.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Other Medical Products, Therapeutic Appliances and Equipment for European Economic Area (EEA18-2004, EEA28-2006, EEA30) (CP0612E3CCM086NEST), retrieved from FRED.