Harmonized Index of Consumer Prices: Other Medical Products, Therapeutic Appliances and Equipment for Portugal
CP0612PTM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.11
Year-over-Year Change
1.75%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Other Medical Products, Therapeutic Appliances and Equipment tracks the prices of medical goods and services in Portugal. This indicator provides insight into a key component of consumer inflation and household 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
The HICP is a standardized measure of consumer price inflation across European Union countries. The Other Medical Products, Therapeutic Appliances and Equipment index specifically monitors the prices of items like bandages, thermometers, and eyeglasses, helping to assess healthcare affordability.
Methodology
The data is collected through surveys of retailers and service providers by Portugal's National Statistics Institute.
Historical Context
Policymakers use this HICP component to understand healthcare cost trends and their impact on the overall cost of living.
Key Facts
- The index has a base year of 2015 = 100.
- Prices are measured monthly and reported as year-over-year percent changes.
- Portugal's HICP for medical goods and services has risen by over 5% annually since 2020.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Other Medical Products, Therapeutic Appliances and Equipment tracks the prices of medical goods and services in Portugal.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into a key component of consumer inflation and household healthcare costs, helping policymakers understand healthcare affordability.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and service providers by Portugal's National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers use this HICP component to understand healthcare cost trends and their impact on the overall cost of living.
Q: Are there update delays or limitations?
A: The data is reported monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Other Medical Products, Therapeutic Appliances and Equipment for Portugal (CP0612PTM086NEST), retrieved from FRED.