Harmonized Index of Consumer Prices: Dental Services for Austria
CP0622ATM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.03
Year-over-Year Change
4.05%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Dental Services in Austria measures the changes in prices paid by Austrian consumers for dental care. This metric is a key indicator of inflation and consumer spending patterns in the healthcare sector.
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 for Dental Services in Austria is a component of the broader HICP, which is the standard measure of consumer inflation used across the Eurozone. It tracks price movements for a basket of dental services, providing insights into cost-of-living trends and consumer behavior in the Austrian healthcare market.
Methodology
The data is collected through surveys of dental service providers and consumers across Austria.
Historical Context
Policymakers and economists use this HICP component to assess inflationary pressures and consumer demand in the Austrian healthcare industry.
Key Facts
- The HICP for Dental Services in Austria has a base year of 2015.
- Dental services account for approximately 1% of the total Austrian consumer price index basket.
- Prices for dental services have risen at a slower rate than overall consumer inflation in Austria over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Dental Services in Austria measures the changes in prices paid by Austrian consumers for dental care.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into cost-of-living trends and consumer behavior in the Austrian healthcare market, which is valuable for policymakers and economists assessing inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of dental service providers and consumers across Austria.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this HICP component to assess inflationary pressures and consumer demand in the Austrian healthcare industry.
Q: Are there update delays or limitations?
A: The HICP data is published on a monthly basis with a relatively short delay, providing timely insights into Austrian consumer price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Dental Services for Austria (CP0622ATM086NEST), retrieved from FRED.