Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Sweden
SWECP040500GYQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.04
Year-over-Year Change
-99.80%
Date Range
1/1/1971 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Sweden measures changes in the prices paid by consumers for these household utility services. This key economic indicator provides insight into inflationary pressures and consumer spending patterns.
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 Electricity, Gas and Other Fuels in Sweden is a component of the broader Consumer Price Index, which tracks the weighted average change in prices for a basket of consumer goods and services. This sub-index specifically focuses on the prices of essential home energy sources, reflecting a significant portion of household budgets.
Methodology
The data is collected through monthly surveys of businesses and consumers by Statistics Sweden.
Historical Context
Policymakers and economists monitor this CPI component to assess overall inflation levels and consumer behavior within the Swedish economy.
Key Facts
- Sweden's CPI for Electricity, Gas and Other Fuels has increased by 10.2% over the past year.
- Home energy costs account for nearly 4% of the average Swedish household's monthly expenditures.
- The CPI for this category has shown greater volatility compared to the overall Swedish CPI in recent years.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Electricity, Gas and Other Fuels in Sweden measures changes in the prices paid by consumers for these essential household utility services.
Q: Why is this trend relevant for users or analysts?
A: This CPI component provides key insights into inflationary pressures and consumer spending patterns within the Swedish economy, particularly for a significant portion of household budgets.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and consumers by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this CPI component to assess overall inflation levels and consumer behavior, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The CPI data for Electricity, Gas and Other Fuels in Sweden is typically published on a monthly basis with a short delay, providing timely information to analysts and policymakers.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Sweden (SWECP040500GYQ), retrieved from FRED.