Harmonized Index of Consumer Prices: Energy and Seasonal Food for Sweden
ENRGYSSEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.20
Year-over-Year Change
1.41%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Energy and Seasonal Food for Sweden measures the changes in consumer prices for energy and seasonal food items in Sweden. This metric is crucial for understanding inflationary pressures and the overall cost of living 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 Harmonized Index of Consumer Prices: Energy and Seasonal Food for Sweden is a subindex of the broader Harmonized Index of Consumer Prices (HICP), which is the EU's standard measure of consumer inflation. This specific index focuses on two key components of household spending - energy and seasonal food - to provide insights into price dynamics in the Swedish market.
Methodology
The data is collected through surveys of consumer prices by Statistics Sweden, the country's official statistical agency.
Historical Context
This index is closely monitored by the Riksbank, Sweden's central bank, to inform monetary policy decisions aimed at maintaining price stability.
Key Facts
- Sweden's HICP for energy and seasonal food has a base year of 2015.
- This index accounts for around 17% of the total HICP basket in Sweden.
- The Riksbank targets an annual HICP inflation rate of 2% for the overall Swedish economy.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Energy and Seasonal Food for Sweden measures changes in consumer prices for energy and seasonal food items in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into inflationary pressures and the cost of living in Sweden, which is closely monitored by the Riksbank for monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer prices by Statistics Sweden, the country's official statistical agency.
Q: How is this trend used in economic policy?
A: The Riksbank, Sweden's central bank, closely monitors this index to inform its monetary policy decisions aimed at maintaining price stability in the Swedish economy.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays, providing timely information on consumer price dynamics in Sweden.
Related Trends
International Trade: Imports: Value (Goods): Total for Sweden
XTIMVA01SEA188S
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Sweden
LFEM55TTSEA647N
Non-Bank Financial Institutions' Assets to GDP for Sweden
DDDI03SEA156NWDB
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Sweden
LFEM55FESEA647S
Sales: Manufacturing: Total Manufacturing: Value for Sweden
SLMNTO02SEQ661N
Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Sweden
LFEM25MASEQ647S
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Energy and Seasonal Food for Sweden (ENRGYSSEM086NEST), retrieved from FRED.