Harmonized Index of Consumer Prices: Dental Services for Bulgaria
CP0622BGM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.10
Year-over-Year Change
3.78%
Date Range
12/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices for Dental Services in Bulgaria measures changes in the prices paid by consumers for dental care. This trend is a key indicator of inflation in the healthcare sector 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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across the European Union. The Dental Services component tracks price changes for a basket of dental services, providing insights into cost-of-living dynamics and consumer behavior.
Methodology
The data is collected through surveys of dental practices and households by the National Statistical Institute of Bulgaria.
Historical Context
Policymakers and analysts use this HICP subindex to assess inflationary pressures and evaluate the affordability of healthcare for Bulgarian consumers.
Key Facts
- The base year for the HICP is 2015.
- Dental Services account for around 1% of the total HICP basket in Bulgaria.
- Prices are updated monthly by the National Statistical Institute.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Dental Services in Bulgaria measures changes in the prices paid by consumers for dental care.
Q: Why is this trend relevant for users or analysts?
A: This HICP subindex provides insights into inflationary pressures and the affordability of healthcare for Bulgarian consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of dental practices and households by the National Statistical Institute of Bulgaria.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this HICP subindex to assess cost-of-living dynamics and evaluate the impact of healthcare affordability on Bulgarian consumers.
Q: Are there update delays or limitations?
A: Prices are updated monthly by the National Statistical Institute, with no significant delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Dental Services for Bulgaria (CP0622BGM086NEST), retrieved from FRED.