Harmonized Index of Consumer Prices: Food for Sweden
CP0110SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.88
Year-over-Year Change
4.07%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Food for Sweden measures changes in the retail prices of food items in Sweden. This metric is a key indicator of inflation and consumer purchasing power in the Swedish economy.
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: Food for Sweden tracks price fluctuations for a basket of food and non-alcoholic beverage products typically purchased by Swedish households. It is a component of the broader HICP, which serves as the European Union's primary gauge of consumer price inflation.
Methodology
The data is collected through surveys of retail establishments and compiled by Statistics Sweden.
Historical Context
Policymakers and economists closely monitor the HICP: Food to assess the health of the Swedish consumer sector and inform monetary and fiscal policies.
Key Facts
- The HICP: Food has a weight of 14.9% in the overall Swedish HICP.
- Prices for food and non-alcoholic beverages account for the second-largest component of Swedish household consumption.
- Sweden's HICP: Food reached a record high of 111.91 in July 2022.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Food for Sweden measures changes in the retail prices of food items purchased by Swedish households.
Q: Why is this trend relevant for users or analysts?
A: The HICP: Food is a key indicator of inflationary pressures and consumer purchasing power in the Swedish economy, making it crucial for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and compiled by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the HICP: Food to assess the health of the Swedish consumer sector and inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP: Food data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Food for Sweden (CP0110SEM086NEST), retrieved from FRED.