Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for France
CP0621FRM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.80
Year-over-Year Change
1.74%
Date Range
12/1/1999 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Medical Services and Paramedical Services in France measures changes in the prices paid by French consumers for healthcare-related goods and services. This key economic indicator helps policymakers understand inflation and cost-of-living trends.
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, allowing for international comparisons. The Medical Services and Paramedical Services component tracks price changes for a basket of healthcare-related products and services in France, providing insight into healthcare affordability and access.
Methodology
The data is collected through surveys of French consumers and businesses by Eurostat, the statistical office of the European Union.
Historical Context
Trends in the HICP for healthcare services are closely monitored by the European Central Bank and French government to inform monetary and fiscal policies.
Key Facts
- The HICP for France's healthcare services has risen by 10% over the past 5 years.
- Medical services account for nearly 5% of the total French consumer price index basket.
- Healthcare inflation in France has outpaced overall consumer price inflation since 2018.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Medical Services and Paramedical Services in France tracks changes in the prices paid by French consumers for healthcare-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: Trends in healthcare costs and affordability are crucial for understanding overall inflation, consumer purchasing power, and the state of the French healthcare system.
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 healthcare services in France is closely monitored by the European Central Bank and French government 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 one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for France (CP0621FRM086NEST), retrieved from FRED.