Harmonized Index of Consumer Prices: Hospital Services for Switzerland
CP0630CHM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.83
Year-over-Year Change
-0.45%
Date Range
12/1/2004 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Hospital Services in Switzerland measures the change in prices paid by consumers for hospital services. This indicator is closely watched by economists and policymakers to assess inflationary pressures 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 is a standardized measure of consumer price inflation across European Union countries. The Hospital Services component tracks the prices of various medical services and procedures provided by hospitals, offering insight into healthcare cost dynamics.
Methodology
The Swiss Federal Statistical Office collects data on hospital service prices through surveys of healthcare providers.
Historical Context
The HICP for Hospital Services is a key input for the Swiss National Bank in setting monetary policy and monitoring price stability.
Key Facts
- Switzerland has one of the highest healthcare expenditures per capita in the world.
- Hospital services account for over 30% of total healthcare spending in Switzerland.
- The HICP for Hospital Services has risen by an average of 2.5% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Hospital Services in Switzerland measures the change in prices paid by consumers for various hospital-provided medical services and procedures.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers valuable insights into inflationary pressures in the healthcare sector, which is a key focus area for economists, policymakers, and consumers.
Q: How is this data collected or calculated?
A: The Swiss Federal Statistical Office collects price data on hospital services through surveys of healthcare providers.
Q: How is this trend used in economic policy?
A: The HICP for Hospital Services is a crucial input for the Swiss National Bank in setting monetary policy and monitoring price stability in the economy.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical lag of 2-3 weeks, providing timely insights into hospital service price trends.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Hospital Services for Switzerland (CP0630CHM086NEST), retrieved from FRED.