Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Sweden
CP0722SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.40
Year-over-Year Change
-11.43%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Fuels and Lubricants for Personal Transport Equipment in Sweden measures the change in prices paid by consumers for these essential automotive goods.
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 is a key economic indicator used to track inflation across the European Union. The Fuels and Lubricants subcategory provides insight into the cost pressures facing Swedish households for operating their personal vehicles.
Methodology
The data is collected through consumer price surveys conducted by national statistical agencies and harmonized by Eurostat.
Historical Context
This trend is closely monitored by policymakers and financial analysts to assess the state of Sweden's automotive market and broader consumer price dynamics.
Key Facts
- Sweden's HICP for Fuels and Lubricants is a component of the overall consumer price index.
- Prices in this category can be volatile, affected by global energy market conditions.
- Monitoring this trend helps policymakers assess the cost-of-living pressures on Swedish households.
FAQs
Q: What does this economic trend measure?
A: This trend measures the changes in consumer prices for fuels and lubricants used in personal transportation equipment in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the cost pressures facing Swedish households for operating their personal vehicles, which is an important component of overall consumer price dynamics.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by Sweden's national statistical agency and harmonized by Eurostat.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts closely monitor this trend to assess the state of Sweden's automotive market and broader inflationary pressures.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Fuels and Lubricants for Personal Transport Equipment for Sweden (CP0722SEM086NEST), retrieved from FRED.