Harmonized Index of Consumer Prices: Health for European Union (27 Countries from 2020)
CP0600EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.77
Year-over-Year Change
2.84%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Health in the European Union (27 countries from 2020) measures the inflation rate of healthcare-related goods and services across the EU. It is a key economic indicator used by policymakers to monitor price stability and consumer purchasing power.
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 Health index tracks the prices of a basket of medical products, services, and equipment in the EU. It is harmonized across member states to enable cross-country comparisons and analysis of healthcare cost trends. Economists and policymakers utilize the HICP Health data to inform decisions around healthcare policy, social welfare programs, and monetary policy.
Methodology
The data is collected through household surveys and retail price observations across the EU.
Historical Context
The HICP Health index provides important context for assessing the overall cost of living and the relative affordability of healthcare in Europe.
Key Facts
- The HICP Health index has a base year of 2015.
- Healthcare costs make up around 5% of the total HICP basket in the EU.
- HICP Health inflation has averaged 2.1% annually in the EU since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Health measures the inflation rate of healthcare-related goods and services across the European Union.
Q: Why is this trend relevant for users or analysts?
A: The HICP Health index is a key indicator used by policymakers and economists to monitor price stability and consumer purchasing power in the healthcare sector.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and retail price observations across the EU member states.
Q: How is this trend used in economic policy?
A: The HICP Health index provides important context for assessing the overall cost of living and the relative affordability of healthcare, informing decisions around healthcare policy, social welfare programs, and monetary policy.
Q: Are there update delays or limitations?
A: The HICP Health data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Health for European Union (27 Countries from 2020) (CP0600EU272020M086NEST), retrieved from FRED.