Harmonized Index of Consumer Prices: Hospital Services for Hungary
CP0630HUM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150.72
Year-over-Year Change
3.86%
Date Range
12/1/2006 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices for Hospital Services in Hungary tracks price changes in the healthcare sector, providing key insights into inflationary pressures 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
This index is a component of the broader Harmonized Index of Consumer Prices (HICP), which is the standard measure of inflation in the European Union. The hospital services index specifically focuses on the prices paid by Hungarian consumers for medical treatment and care.
Methodology
The data is collected through surveys of healthcare providers and consumers.
Historical Context
Policymakers use this index to monitor inflation and guide monetary policy decisions.
Key Facts
- Hungary's hospital services inflation rate was 4.2% in 2022.
- The hospital services index accounts for 5.3% of the total HICP basket in Hungary.
- Prices for hospital services have risen faster than the overall HICP since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Hospital Services in Hungary tracks the prices paid by consumers for medical treatment and care in the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures in the healthcare sector, which is a key component of consumer spending and a focus area for economic policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of healthcare providers and consumers.
Q: How is this trend used in economic policy?
A: Policymakers use this index to monitor inflation and guide monetary policy decisions, as changes in hospital services prices can have significant impacts on overall consumer price levels.
Q: Are there update delays or limitations?
A: The hospital services index is published monthly, with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Hospital Services for Hungary (CP0630HUM086NEST), retrieved from FRED.