Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for Romania
CP0621ROM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
180.75
Year-over-Year Change
10.03%
Date Range
12/1/2000 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Medical Services and Paramedical Services in Romania measures changes in the prices of healthcare-related goods and services. This key economic indicator provides insights into healthcare inflation and consumer spending patterns.
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 Medical Services and Paramedical Services in Romania is part of the broader HICP, which tracks the prices of a basket of consumer goods and services across the Eurozone. This specific index focuses on the healthcare sector, offering valuable data for policymakers, economists, and market analysts.
Methodology
The data is collected through surveys of consumer prices by the Romanian National Institute of Statistics.
Historical Context
The HICP for Medical Services and Paramedical Services is used to monitor inflation and inform monetary policy decisions by the European Central Bank.
Key Facts
- The index has a base year of 2015.
- Healthcare accounts for approximately 5% of the overall HICP basket in Romania.
- Prices for medical services have risen faster than the overall HICP in recent years.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Medical Services and Paramedical Services in Romania measures changes in the prices of healthcare-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into healthcare inflation and consumer spending patterns, which are important for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by the Romanian National Institute of Statistics.
Q: How is this trend used in economic policy?
A: The HICP for Medical Services and Paramedical Services is used to monitor inflation and inform monetary policy decisions by the European Central Bank.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a short delay, and may be subject to revisions as more comprehensive information becomes available.
Related Trends
Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Romania
ROUFCACNUM
Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Romania
IDSGAMNINIRO
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Romania
ROUFCBODCANUM
Harmonized Index of Consumer Prices: Operation of Personal Transport Equipment for Romania
CP0720ROM086NEST
Harmonized Index of Consumer Prices: Personal Care for Romania
CP1210ROM086NEST
Harmonized Index of Consumer Prices: Purchase of Vehicles for Romania
CP0710ROM086NEST
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Medical Services; Paramedical Services for Romania (CP0621ROM086NEST), retrieved from FRED.