Harmonized Index of Consumer Prices: Dental Services for European Union (27 Countries from 2020)
CP0622EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.58
Year-over-Year Change
4.46%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Dental Services in the European Union (27 countries from 2020) measures the inflation experienced by consumers for dental care services. It is a key economic indicator used to assess price stability and guide monetary policy decisions.
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 comprehensive measure of consumer price inflation across the EU. The Dental Services component specifically tracks the changes in prices paid by consumers for various dental treatments and procedures. This index is a crucial data point for policymakers, economists, and market analysts to understand inflationary pressures and the overall health of the European economy.
Methodology
The HICP data is collected by national statistical agencies and compiled by Eurostat using harmonized methodologies across member states.
Historical Context
Central banks and finance ministries closely monitor the HICP to inform interest rate and fiscal policy decisions that aim to maintain price stability.
Key Facts
- The HICP for Dental Services has increased by 15% over the past 5 years.
- Dental care costs make up approximately 1.5% of the total HICP basket in the EU.
- Germany and France account for over 40% of the EU's total dental services expenditure.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Dental Services measures the inflation experienced by consumers for dental care services in the European Union (27 countries from 2020).
Q: Why is this trend relevant for users or analysts?
A: The HICP for Dental Services is a crucial indicator for policymakers, economists, and market analysts to understand inflationary pressures and the overall health of the European economy.
Q: How is this data collected or calculated?
A: The HICP data is collected by national statistical agencies and compiled by Eurostat using harmonized methodologies across EU member states.
Q: How is this trend used in economic policy?
A: Central banks and finance ministries closely monitor the HICP to inform interest rate and fiscal policy decisions that aim to maintain price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical 1-2 month delay, and may be subject to revisions as more complete information becomes available.
Related Trends
Harmonized Index of Consumer Prices: Non-Alcoholic Beverages for European Union (27 Countries from 2020)
CP0120EU272020M086NEST
Producer Prices Index: Domestic Durable Consumer Goods for the European Union
PITGCD02EUM661N
Harmonized Index of Consumer Prices: All Items Excluding Mainly Administered Prices for Euro Area (19 Countries)
00XAPMEZ19M086NEST
Employed Population: Aged 15 and Over: Females for the European Union
LFEMTTFEEUQ657N
Harmonized Index of Consumer Prices: Canteens for Euro Area (19 Countries)
CP1112EZ19M086NEST
Inactive Population: Aged 15-64: Females for the European Union
LFIN64FEEUQ647N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Dental Services for European Union (27 Countries from 2020) (CP0622EU272020M086NEST), retrieved from FRED.