Harmonized Index of Consumer Prices: Hospital Services for Spain
CP0630ESM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.17
Year-over-Year Change
2.30%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Hospital Services in Spain measures the changes in prices paid by consumers for hospital services. This key economic indicator provides insight into 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across European Union countries. The Hospital Services component tracks the price changes for inpatient and outpatient hospital services, serving as an important barometer for healthcare costs and access.
Methodology
The data is collected through surveys of healthcare providers and consumers by the Spanish Statistical Office.
Historical Context
Policymakers and economists monitor this HICP component to assess the impact of healthcare costs on the overall cost of living and household budgets.
Key Facts
- Spain's HICP for Hospital Services has risen 2.5% annually on average over the past decade.
- Hospital services account for approximately 5% of the total HICP basket in Spain.
- Increases in this index can signal rising healthcare costs that impact household budgets.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Hospital Services in Spain measures the changes in prices paid by consumers for inpatient and outpatient hospital services.
Q: Why is this trend relevant for users or analysts?
A: This HICP component provides important insights into healthcare cost inflation, which can impact household budgets and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare providers and consumers by the Spanish Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this HICP component to assess the impact of healthcare costs on the overall cost of living and household budgets.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical lag of 2-3 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Hospital Services for Spain (CP0630ESM086NEST), retrieved from FRED.