Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Sweden
SWECP080000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.88
Year-over-Year Change
-1.72%
Date Range
1/1/1980 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Communication measures changes in the prices of goods and services related to communication, such as telephone, internet, and postal services in Sweden. This index is a key indicator of inflationary pressures and consumer purchasing power.
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 one component of the overall Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of consumer goods and services. The Communication CPI is used by economists, policymakers, and analysts to gauge inflationary trends and assess the cost of living in Sweden.
Methodology
The Swedish Statistical Office collects price data from a sample of retailers and service providers to calculate the Communication CPI.
Historical Context
The Communication CPI is an important input for the Riksbank, Sweden's central bank, as it monitors inflation and makes monetary policy decisions.
Key Facts
- The Communication CPI is a subcomponent of the overall Swedish Consumer Price Index.
- Telecommunication and postal services make up the majority of the Communication CPI basket.
- The Communication CPI is monitored by the Riksbank to assess inflationary pressures in Sweden.
FAQs
Q: What does this economic trend measure?
A: The Communication CPI measures changes in the prices of goods and services related to communication, such as telephone, internet, and postal services in Sweden.
Q: Why is this trend relevant for users or analysts?
A: The Communication CPI is a key indicator of inflationary pressures and consumer purchasing power, making it relevant for economists, policymakers, and analysts monitoring the Swedish economy.
Q: How is this data collected or calculated?
A: The Swedish Statistical Office collects price data from a sample of retailers and service providers to calculate the Communication CPI.
Q: How is this trend used in economic policy?
A: The Communication CPI is an important input for the Riksbank, Sweden's central bank, as it monitors inflation and makes monetary policy decisions.
Q: Are there update delays or limitations?
A: The Communication CPI is published monthly by the Swedish Statistical Office, with typical update delays of a few weeks.
Related Trends
Leading Indicators OECD: Reference Series: Gross Domestic Product: Original Series for Sweden
LORSGPORSEQ661S
Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for Sweden
SWELOLITOAASTSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Sweden
SWECP110000GYM
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Sweden
NAEXKP01SEQ652S
Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Sweden
SLRTTO01SEQ661N
Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Sweden
SWEPREND401IXEBQ
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Sweden (SWECP080000IXOBQ), retrieved from FRED.