Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Estonia
ESTCP060000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.68
Year-over-Year Change
29.47%
Date Range
1/1/2010 - 4/1/2025
Summary
The Consumer Price Index (CPI) for Health in Estonia measures changes in the prices paid by consumers for a basket of healthcare goods and services. This key economic indicator provides insight into inflationary pressures and the cost of living 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 Health CPI is a component of the overall Consumer Price Index, which tracks the average change in prices paid by consumers across a wide range of goods and services. The Health CPI specifically focuses on medical care costs, including pharmaceuticals, hospital services, and other healthcare expenditures.
Methodology
The data is collected through surveys of consumer purchases and calculated according to international standards.
Historical Context
Policymakers and analysts use the Health CPI to understand inflation dynamics and assess the affordability of healthcare for Estonian households.
Key Facts
- The base year for the Estonian Health CPI is 2015.
- Health accounts for approximately 4% of the total Estonian CPI basket.
- The Health CPI reached a record high in 2022 due to rising medical costs.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Health in Estonia measures changes in the prices paid by consumers for a basket of healthcare goods and services.
Q: Why is this trend relevant for users or analysts?
A: The Health CPI provides insight into inflationary pressures and the cost of living in the healthcare sector, which is important for policymakers and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and calculated according to international standards.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Health CPI to understand inflation dynamics and assess the affordability of healthcare for Estonian households.
Q: Are there update delays or limitations?
A: The Health CPI data is published regularly according to the national statistical agency's release schedule.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Estonia (ESTCP060000CTGYM), retrieved from FRED.