Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Sweden
CPGRLE01SEQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.75
Year-over-Year Change
-74.75%
Date Range
1/1/1971 - 1/1/2025
Summary
The Consumer Price Index (CPI) for All Items Non-Food Non-Energy in Sweden measures the changes in the prices of goods and services excluding food and energy. This economic indicator is closely watched by policymakers and analysts to assess underlying inflationary pressures.
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 CPI for All Items Non-Food Non-Energy in Sweden is a sub-index of the overall Consumer Price Index, which tracks the prices paid by consumers for a basket of common goods and services. Excluding food and energy helps isolate core inflationary trends by removing volatile price components.
Methodology
The data is collected by Statistics Sweden through a monthly survey of retailers and service providers.
Historical Context
This core inflation measure is used by the Riksbank, Sweden's central bank, to guide monetary policy decisions.
Key Facts
- The base year for the index is 2015 = 100.
- The CPI for All Items Non-Food Non-Energy represents about 66% of the total CPI basket in Sweden.
- This indicator has been published monthly since 1993.
FAQs
Q: What does this economic trend measure?
A: The CPI for All Items Non-Food Non-Energy in Sweden measures the changes in the prices of goods and services, excluding volatile food and energy components, that Swedish consumers purchase.
Q: Why is this trend relevant for users or analysts?
A: This core inflation measure is closely watched by the Riksbank and other policymakers to assess underlying price pressures in the Swedish economy, which helps guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Sweden through a monthly survey of retailers and service providers across the country.
Q: How is this trend used in economic policy?
A: The Riksbank, Sweden's central bank, uses this core CPI measure as an input to its monetary policy decisions, as it provides a clearer signal of underlying inflationary trends compared to the headline CPI.
Q: Are there update delays or limitations?
A: The CPI for All Items Non-Food Non-Energy in Sweden is published monthly with a short lag, typically around 2-3 weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Sweden (CPGRLE01SEQ659N), retrieved from FRED.