Harmonized Index of Consumer Prices: Dental Services for Euro Area (19 Countries)
CP0622EZ19M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.39
Year-over-Year Change
2.86%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Dental Services in the Euro Area (19 countries) measures the change in prices paid by consumers for dental services over time. This metric is a key indicator of inflation and consumer spending trends in the Eurozone.
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 Dental Services is a subcomponent of the broader HICP, which is the primary measure of consumer price inflation used by the European Central Bank (ECB) to evaluate and guide monetary policy. Dental service prices are an important component of household expenditures and overall cost of living.
Methodology
The HICP data is collected through surveys of consumer transactions across the Eurozone countries.
Historical Context
Policymakers and economists closely monitor this index to assess the state of the Eurozone economy and inflationary pressures.
Key Facts
- The Eurozone HICP for Dental Services has a base year of 2015 = 100.
- Dental services make up approximately 1% of the overall HICP basket.
- Prices for dental services have historically risen faster than the overall HICP.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Dental Services in the Euro Area (19 countries) measures the change in prices paid by consumers for dental care services over time.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflation and consumer spending trends in the Eurozone, which is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of consumer transactions across the Eurozone countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess the state of the Eurozone economy and inflationary pressures, which informs monetary policy decisions by the European Central Bank.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Dental Services for Euro Area (19 Countries) (CP0622EZ19M086NEST), retrieved from FRED.