Harmonized Index of Consumer Prices: Transport for Sweden
CP0700SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.28
Year-over-Year Change
-0.30%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Transport in Sweden measures changes in the prices of goods and services related to transportation. This trend is a key indicator for monitoring inflation and consumer spending 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 Transport in Sweden tracks the prices of items such as private transportation (e.g., automobiles, fuel, maintenance), public transportation (e.g., airfare, trains, buses), and related services. It is a component of the overall HICP, which is used by the European Union to assess price stability across member states.
Methodology
The data is collected through surveys of consumer expenditures and prices by Statistics Sweden.
Historical Context
Policymakers and analysts use this transport-specific HICP to assess inflationary pressures and consumer behavior within the Swedish transportation sector.
Key Facts
- Transport accounts for around 15% of the total HICP basket in Sweden.
- Fuel prices have a significant impact on the Transport HICP in Sweden.
- The Transport HICP is a leading indicator of consumer spending patterns.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Transport in Sweden measures changes in the prices of goods and services related to transportation, including private and public transportation.
Q: Why is this trend relevant for users or analysts?
A: The Transport HICP is a key indicator for monitoring inflation and consumer spending patterns in the Swedish economy, particularly within the transportation sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Transport HICP to assess inflationary pressures and consumer behavior within the Swedish transportation sector, which can inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Transport HICP data is typically released on a monthly basis with a short lag, providing timely information to users.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Transport for Sweden (CP0700SEM086NEST), retrieved from FRED.