Harmonized Index of Consumer Prices: Bread and Cereals for Sweden
CP0111SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.60
Year-over-Year Change
-0.44%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Bread and Cereals in Sweden measures the change in prices for a basket of bread and cereal products over time. It is a key indicator for monitoring inflation and consumer purchasing power.
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 for Bread and Cereals in Sweden is a component of the overall HICP, which is the standard measure of consumer price inflation across the European Union. It tracks the price changes of a representative basket of bread and cereal products consumed by Swedish households.
Methodology
The data is collected through a survey of retail outlets and compiled by Sweden's national statistical agency.
Historical Context
The HICP for Bread and Cereals is used by policymakers and economists to assess inflationary pressures and the general cost of living for Swedish consumers.
Key Facts
- Bread and cereals account for around 8% of the total HICP basket in Sweden.
- Prices for this category have risen by an average of 2.5% annually over the past decade.
- The HICP for Bread and Cereals is a seasonally adjusted index.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Bread and Cereals in Sweden measures the change in prices for a basket of bread and cereal products over time.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator for monitoring inflation and consumer purchasing power in Sweden, providing insights into the cost of living and the overall state of the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail outlets and compiled by Sweden's national statistical agency.
Q: How is this trend used in economic policy?
A: The HICP for Bread and Cereals is used by policymakers and economists to assess inflationary pressures and the general cost of living for Swedish consumers, informing economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Bread and Cereals is published monthly with a short lag, providing timely data for analysis.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Bread and Cereals for Sweden (CP0111SEM086NEST), retrieved from FRED.