Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Sweden
SWECP080000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.90
Year-over-Year Change
-1.98%
Date Range
1/1/1980 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Communication in Sweden tracks changes in the prices paid by consumers for communication-related goods and services. This metric is a key indicator of inflationary pressures and consumer spending patterns in the telecommunications sector.
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 Communication CPI is a subindex of the broader Consumer Price Index, which measures the average change in prices paid by consumers for a basket of goods and services. The Communication CPI specifically focuses on price trends for items like telephone and internet services, equipment, and other communication-related expenditures.
Methodology
The Swedish Statistical Office collects price data from a representative sample of retailers and service providers to calculate the monthly Communication CPI.
Historical Context
The Communication CPI is used by policymakers, analysts, and businesses to understand consumer demand and inflation dynamics in the telecommunications industry.
Key Facts
- The Communication CPI has a base year of 1999.
- It accounts for approximately 4% of the total Swedish CPI basket.
- Communication costs have risen by 10% in Sweden over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI measures changes in the prices paid by Swedish consumers for telephone, internet, and other communication-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI is a key indicator of inflation and consumer spending in the telecommunications sector, providing valuable insights for policymakers, businesses, and market analysts.
Q: How is this data collected or calculated?
A: The Swedish Statistical Office collects price data from a representative sample of retailers and service providers to calculate the monthly Communication CPI.
Q: How is this trend used in economic policy?
A: The Communication CPI is used by the Swedish central bank and other policymakers to monitor inflationary pressures and consumer demand in the telecommunications industry, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Communication CPI is published monthly by the Swedish Statistical Office with a typical 1-2 month delay, and may be subject to revisions as more data becomes available.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Sweden (SWECP080000IXOBM), retrieved from FRED.