Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Sweden
CP1200SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.54
Year-over-Year Change
3.92%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Miscellaneous Goods and Services in Sweden measures changes in the prices paid by consumers for a basket of these items. This economic indicator is crucial for understanding inflationary trends and consumer purchasing power 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 is a harmonized measure of consumer price inflation across European Union countries. The Miscellaneous Goods and Services component captures the price changes for a variety of items not included in other HICP categories, such as personal care products, financial services, and insurance.
Methodology
The HICP data is collected by national statistical agencies and compiled by Eurostat, the statistical office of the European Union.
Historical Context
Policymakers and economists use the HICP to assess the health of the Swedish economy and inform monetary and fiscal policies.
Key Facts
- The HICP is a standard measure of consumer price inflation across the European Union.
- The Miscellaneous Goods and Services category accounts for around 13% of the total HICP basket in Sweden.
- Prices in this category have increased by an average of 2.3% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Miscellaneous Goods and Services in Sweden measures changes in the prices paid by consumers for a variety of items not included in other HICP categories, such as personal care products, financial services, and insurance.
Q: Why is this trend relevant for users or analysts?
A: The HICP Miscellaneous Goods and Services trend is crucial for understanding inflationary pressures and consumer purchasing power in the Swedish economy, which is vital information for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The HICP data is collected by the Swedish national statistical agency and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the HICP Miscellaneous Goods and Services trend to assess the health of the Swedish economy and inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The HICP data is typically published on a monthly basis, with a lag of around 2-3 weeks. There may be occasional revisions to historical data as well.
Related Trends
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Sweden
SWEHOUREAQISMEI
Harmonized Index of Consumer Prices: Maintenance and Repair of Personal Transport Equipment for Sweden
CP0723SEM086NEST
Number of Identified Exporters to Sweden from Kentucky
KYSWEA475SCEN
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for Sweden
LRAC64FESEQ156S
Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Sweden
LFEM25TTSEA657N
Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Sweden
CCUSMA02SEM618N
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Miscellaneous Goods and Services for Sweden (CP1200SEM086NEST), retrieved from FRED.