Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Argentina
ARGCP060000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.82
Year-over-Year Change
-84.33%
Date Range
12/1/2017 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Health in Argentina measures changes in the prices of healthcare goods and services purchased by consumers. It is a key indicator of inflation and a critical metric for policymakers and economists monitoring the country's economic health.
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 CPI for Health in Argentina is a subindex of the broader Consumer Price Index, tracking price movements across a basket of healthcare-related products and services. It is used to assess the cost of living and evaluate the purchasing power of Argentine consumers in the healthcare sector.
Methodology
The data is collected through surveys of prices paid by households for a representative sample of healthcare items.
Historical Context
The CPI for Health is a crucial input for monetary and fiscal policy decisions in Argentina.
Key Facts
- Argentina's CPI for Health has risen by 40% over the past 5 years.
- Healthcare accounts for about 6% of the total CPI basket in Argentina.
- The CPI for Health is a component of the country's overall Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Health in Argentina tracks changes in the prices of healthcare goods and services purchased by consumers.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Health is a crucial indicator of inflation in the healthcare sector, providing insight into the cost of living and purchasing power of Argentine consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices paid by households for a representative sample of healthcare items.
Q: How is this trend used in economic policy?
A: The CPI for Health is a critical input for monetary and fiscal policy decisions in Argentina, as it helps policymakers understand and respond to inflationary pressures in the healthcare market.
Q: Are there update delays or limitations?
A: There may be delays in the publication of the CPI for Health data, and the methodology used to collect and calculate the index may have certain limitations.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Argentina (ARGCP060000GYM), retrieved from FRED.