Harmonized Index of Consumer Prices: Oils and Fats for Sweden
CP0115SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
184.27
Year-over-Year Change
9.22%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Oils and Fats for Sweden measures the change in prices for a basket of oil and fat products in Sweden over time. This is a key indicator for monitoring consumer price inflation and the purchasing power of Swedish households.
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 Harmonized Index of Consumer Prices (HICP) is a standardized measure of inflation across European Union countries. The Oils and Fats index specifically tracks the prices of products like cooking oils, butter, and margarine, which are essential household purchases.
Methodology
The data is collected through regular consumer price surveys and aggregated by Eurostat.
Historical Context
This index informs economic policy decisions and market analysis related to Sweden's consumer price dynamics.
Key Facts
- Oils and fats account for around 2% of the typical Swedish household's consumption basket.
- Prices for this category have risen 10.5% in Sweden over the past 5 years.
- The Oils and Fats HICP is a component of the overall Swedish HICP, which is the primary inflation gauge.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Oils and Fats in Sweden tracks the prices of cooking oils, butter, margarine, and other essential household fat products.
Q: Why is this trend relevant for users or analysts?
A: The Oils and Fats HICP is an important indicator for monitoring consumer price inflation and the purchasing power of Swedish households.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer price surveys and aggregated by Eurostat, the European Union's statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess inflationary pressures and make informed decisions about monetary and fiscal policies in Sweden.
Q: Are there update delays or limitations?
A: The Oils and Fats HICP data is published monthly with a typical 2-week delay by Eurostat.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Sweden
SWECINSQDSMEI
Loans from Non-Resident Banks, Net, to GDP for Sweden
DDOI08SEA156NWDB
Production: Manufacturing: Investment Goods: Total for Sweden
SWEPRMNVG01IXOBSAM
Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Sweden
CSCICP03SEM665S
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Sweden
LFEMTTTTSEQ647N
Consumer Price Index: Harmonized Prices: All Items: Total for Sweden
CPHPTT01SEA657N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Oils and Fats for Sweden (CP0115SEM086NEST), retrieved from FRED.