Harmonized Index of Consumer Prices: Meat for Sweden
CP0112SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148.20
Year-over-Year Change
6.06%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Meat in Sweden measures changes in the prices of meat products purchased by Swedish consumers. It is a key indicator of inflationary pressures 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 for Meat in Sweden is a component of the broader HICP index, which is the primary gauge of inflation used by the European Central Bank to assess price stability. The meat category includes a range of products like beef, pork, poultry, and other processed meats.
Methodology
The data is collected through a survey of consumer prices by Statistics Sweden.
Historical Context
The HICP for Meat is used by economists, policymakers, and market analysts to understand trends in consumer spending and inflationary dynamics.
Key Facts
- The HICP for Meat in Sweden has a weight of 3.0% in the overall HICP basket.
- Meat prices account for a significant portion of the average Swedish household's food budget.
- Sweden's HICP for Meat has risen by 8.2% over the past year.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Meat in Sweden measures changes in the prices of meat products purchased by Swedish consumers.
Q: Why is this trend relevant for users or analysts?
A: The HICP for Meat is a key indicator of inflationary pressures in the Swedish economy and is used by economists, policymakers, and market analysts to understand trends in consumer spending and inflation.
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: The HICP for Meat is used by the European Central Bank to assess price stability and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP for Meat in Sweden is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Meat for Sweden (CP0112SEM086NEST), retrieved from FRED.