Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Sweden
CP0933SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.14
Year-over-Year Change
6.29%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Sweden measures the price changes of these items in the consumer basket. It is a key indicator for tracking inflation in Sweden's consumer 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 is a standardized measure of consumer price inflation across European Union countries. The Gardens, Plants and Flowers index specifically tracks the prices households pay for these items as part of their overall consumption.
Methodology
The data is collected through price surveys of a representative sample of retail outlets and service providers.
Historical Context
Policymakers and economists use this HICP index to assess and monitor inflationary pressures in the Swedish consumer market.
Key Facts
- The HICP is a standardized measure used across the European Union.
- Garden, plant and flower prices make up a small portion of the consumer basket.
- This index helps track inflation in the Swedish consumer economy.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Gardens, Plants and Flowers in Sweden measures the price changes of these items in the consumer basket.
Q: Why is this trend relevant for users or analysts?
A: This HICP index is a key indicator for tracking inflation in Sweden's consumer economy, which is relevant for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through price surveys of a representative sample of retail outlets and service providers.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this HICP index to assess and monitor inflationary pressures in the Swedish consumer market.
Q: Are there update delays or limitations?
A: The HICP data is published regularly with minimal delays, providing a timely snapshot of consumer price changes.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Gardens, Plants and Flowers for Sweden (CP0933SEM086NEST), retrieved from FRED.