Harmonized Index of Consumer Prices: Education for Sweden
CP1000SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.29
Year-over-Year Change
-4.69%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Education in Sweden measures price changes for a basket of educational goods and services over time. This index is a key indicator used by policymakers to monitor inflation and understand the overall cost of living.
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 Education in Sweden is a subcomponent of the broader HICP, which is the primary inflation measure used across the European Union. The Education index specifically tracks the prices paid by households for tuition, textbooks, and other educational expenses.
Methodology
The data is collected through surveys of households and educational institutions by Statistics Sweden.
Historical Context
HICP trends are closely watched by the Riksbank, Sweden's central bank, to inform monetary policy decisions.
Key Facts
- The HICP Education index has a base year of 2015 = 100.
- Education costs account for around 2% of the total HICP basket in Sweden.
- Prices for education have increased by 10% in Sweden since 2015.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Education in Sweden measures the change in prices paid by households for educational goods and services over time.
Q: Why is this trend relevant for users or analysts?
A: The education HICP is an important indicator for understanding the overall cost of living and inflationary pressures in the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected through household and institutional surveys by Statistics Sweden.
Q: How is this trend used in economic policy?
A: The Riksbank, Sweden's central bank, closely monitors HICP trends, including education costs, to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP Education index for Sweden is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Education for Sweden (CP1000SEM086NEST), retrieved from FRED.