Consumer Price Index: Health (COICOP 06): Total for Estonia
ESTCP060000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
344.00
Year-over-Year Change
8.79%
Date Range
1/1/1998 - 12/1/2023
Summary
The Consumer Price Index (CPI) for Health in Estonia measures changes in the prices of a basket of consumer goods and services related to healthcare. It is a key indicator of inflation and a crucial metric for policymakers and economists.
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 CPI for Health in Estonia tracks the price changes of a wide range of healthcare-related items, including medical services, pharmaceutical products, and medical equipment. It is used to assess the cost of living and the purchasing power of consumers in the healthcare sector.
Methodology
The data is collected through regular surveys of prices paid by Estonian households.
Historical Context
The CPI for Health is an important input for monetary and fiscal policy decisions in Estonia.
Key Facts
- The CPI for Health in Estonia has a base year of 2015.
- Health-related costs account for approximately 5% of the total consumer basket in Estonia.
- The CPI for Health is published monthly by the Estonian Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Health in Estonia measures the changes in prices of a basket of consumer goods and services related to healthcare, including medical services, pharmaceutical products, and medical equipment.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Health is a crucial indicator of inflation in the healthcare sector, which is essential for policymakers, consumers, and businesses to understand the cost of living and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of prices paid by Estonian households.
Q: How is this trend used in economic policy?
A: The CPI for Health is an important input for monetary and fiscal policy decisions in Estonia, as it helps policymakers assess the inflationary pressures in the healthcare sector.
Q: Are there update delays or limitations?
A: The CPI for Health in Estonia is published monthly by the Estonian Statistical Office, with no known significant update delays or limitations.
Related Trends
Literacy Rate, Adult Total for Estonia
SEADTLITRZSEST
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Estonia
LRHU24TTEEQ156S
Harmonized Index of Consumer Prices: Furniture and Furnishings for Estonia
CP0511EEM086NEST
Remittance Inflows to GDP for Estonia
DDOI11EEA156NWDB
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Estonia
LREMTTFEEEQ156N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services for Estonia
ESTCPHPSE01GYM
Citation
U.S. Federal Reserve, Consumer Price Index: Health (COICOP 06): Total for Estonia (ESTCP060000IXNBM), retrieved from FRED.