Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Japan
JPNCP060000GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.22
Year-over-Year Change
-111.50%
Date Range
1/1/1971 - 4/1/2021
Summary
The Consumer Price Index (CPI) for Health in Japan measures the change in prices paid by consumers for a basket of healthcare goods and services. It is a key indicator of inflationary pressures and consumer purchasing power within the healthcare sector.
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 Japan is part of the broader Consumer Price Indices (CPIs) and Harmonized Indices of Consumer Prices (HICPs) published by the Organization for Economic Co-operation and Development (OECD). It tracks the change in prices for a representative sample of healthcare products and services, providing insight into the cost of living and affordability of medical care.
Methodology
The data is collected through regular surveys of consumer prices across Japan.
Historical Context
The CPI for Health is widely used by policymakers, economists, and market analysts to assess inflationary trends and the overall state of the Japanese economy.
Key Facts
- Japan's CPI for Health has risen by an average of 1.2% annually over the past decade.
- Healthcare accounts for approximately 6% of Japan's total household consumption expenditure.
- The CPI for Health is a component of Japan's overall Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Health in Japan measures the change in prices paid by consumers for a basket of healthcare goods and services.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Health is a key indicator of inflationary pressures and consumer purchasing power within the healthcare sector, providing insight into the cost of living and affordability of medical care in Japan.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of consumer prices across Japan.
Q: How is this trend used in economic policy?
A: The CPI for Health is widely used by policymakers, economists, and market analysts to assess inflationary trends and the overall state of the Japanese economy.
Q: Are there update delays or limitations?
A: The CPI for Health data is published on a regular schedule with minimal delays, providing timely insights into healthcare cost dynamics in Japan.
Related Trends
Bank Deposits to GDP for Japan
DDOI02JPA156NWDB
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Japan
LREM64FEJPQ156S
International Merchandise Trade Statistics: Exports: Commodities for Japan
XTEXVA01JPM667S
Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Japan
DDAM02JPA156NWDB
Credit to Government and State-Owned Enterprises to GDP for Japan
DDEI08JPA156NWDB
Non-Bank Financial Institutions' Assets to GDP for Japan
DDDI03JPA156NWDB
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Japan (JPNCP060000GYQ), retrieved from FRED.