Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Sweden
00XEFDSEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.15
Year-over-Year Change
3.04%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) Excluding Energy, Food, Alcohol, and Tobacco for Sweden measures changes in the prices of a broad basket of consumer goods and services, excluding volatile energy and food components.
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 Excluding Energy, Food, Alcohol, and Tobacco is a core inflation indicator used by economists and policymakers to assess underlying price pressures in the Swedish economy. It provides a more stable and reliable measure of inflation trends compared to the headline HICP.
Methodology
The data is collected through a survey of consumer prices by Statistics Sweden.
Historical Context
Central banks, such as the Swedish Riksbank, monitor this indicator to guide monetary policy decisions.
Key Facts
- The HICP Excluding Energy, Food, Alcohol, and Tobacco is a key inflation indicator for the Swedish economy.
- This measure excludes volatile components to provide a more stable assessment of underlying price pressures.
- Central banks use this index to guide monetary policy decisions and assess the need for adjustments.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) Excluding Energy, Food, Alcohol, and Tobacco measures changes in the prices of a broad basket of consumer goods and services in Sweden, excluding volatile energy and food components.
Q: Why is this trend relevant for users or analysts?
A: This core inflation indicator provides a more stable and reliable measure of underlying price pressures in the Swedish economy, which is important for policymakers and analysts assessing the need for monetary policy adjustments.
Q: How is this data collected or calculated?
A: The data is collected through a survey of consumer prices by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Central banks, such as the Swedish Riksbank, monitor this indicator to guide monetary policy decisions and assess the need for adjustments to maintain price stability.
Q: Are there update delays or limitations?
A: The data is subject to the same publication schedule and potential revisions as other official statistics from Statistics Sweden.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Energy, Food, Alcohol, and Tobacco for Sweden (00XEFDSEM086NEST), retrieved from FRED.