Harmonized Index of Consumer Prices: Health for Czech Republic
CP0600CZM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.00
Year-over-Year Change
3.75%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Health in the Czech Republic tracks changes in consumer prices for healthcare goods and services. This key economic indicator provides insights into inflationary pressures and consumer purchasing power in the Czech health 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 for Health in the Czech Republic is a monthly time series that measures the evolution of consumer prices for a comprehensive basket of healthcare-related products and services. It is a critical gauge of domestic price dynamics and an input for policymakers when setting monetary and fiscal policies.
Methodology
The Czech Statistical Office collects prices from a representative sample of retailers, service providers, and other sources to calculate the HICP for Health.
Historical Context
The HICP for Health is widely referenced by the Czech National Bank, Ministry of Finance, and international organizations when analyzing economic conditions and making policy decisions.
Key Facts
- The HICP for Health has a base year of 2015=100.
- Healthcare is approximately 4% of the overall Czech consumer price index basket.
- Prices are collected from over 20,000 retail outlets nationwide.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Health in the Czech Republic tracks changes in consumer prices for a comprehensive basket of healthcare goods and services.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Health is a critical indicator of inflationary pressures and consumer purchasing power in the Czech healthcare sector, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The Czech Statistical Office collects prices from a representative sample of retailers, service providers, and other sources to calculate the HICP for Health.
Q: How is this trend used in economic policy?
A: The HICP for Health is widely referenced by the Czech National Bank, Ministry of Finance, and international organizations when analyzing economic conditions and making monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Health data is published monthly with a typical 2-week lag, providing timely information on Czech healthcare price dynamics.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Health for Czech Republic (CP0600CZM086NEST), retrieved from FRED.