Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Sweden
Contribution to growth rate, over 1 year
SWECP110000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
300.00%
Date Range
1/1/2010 - 3/1/2025
Summary
The 'Contribution to growth rate, over 1 year' metric measures the contribution of a component to the annual growth rate of a broader economic indicator. This provides insights into the drivers of overall economic growth.
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
This series captures the relative impact of a specific component, such as a sector or expenditure type, on the year-over-year change in a larger economic aggregate like GDP. It is a useful tool for economic analysts to understand the composition and dynamics of macroeconomic growth.
Methodology
The data is calculated by the U.S. Federal Reserve based on official national accounts data.
Historical Context
Economists and policymakers monitor these contribution-to-growth metrics to gauge the sources of economic expansion or contraction.
Key Facts
- This metric is calculated as the change in a component's nominal value divided by the prior period's total nominal value.
- Positive contributions indicate that a component is adding to overall growth, while negative values show it is detracting.
- The sum of all component contributions equals the total growth rate of the broader economic indicator.
FAQs
Q: What does this economic trend measure?
A: This metric measures the relative contribution of a specific component, such as a sector or expenditure type, to the annual growth rate of a broader economic indicator like GDP.
Q: Why is this trend relevant for users or analysts?
A: Contribution-to-growth metrics provide valuable insights into the drivers and composition of macroeconomic growth, which is crucial information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on official national accounts data.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor these contribution-to-growth metrics to gauge the sources of economic expansion or contraction, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and potential revisions as the underlying national accounts data.
Related Trends
Consumer Price Index: All Items: Total for Sweden
SWECPALTT01IXNBQ
Harmonized Index of Consumer Prices: Mineral Waters, Soft Drinks, Fruit and Vegetable Juices for Sweden
CP0122SEM086NEST
Harmonized Index of Consumer Prices: Transport for Sweden
CP0700SEM086NEST
Infra-Annual Labor Statistics: Labor Force Male: From 25 to 54 Years for Sweden
LFAC25MASEQ647S
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Sweden
PRMNTO01SEA661N
Consumer Price Index: Harmonized Prices: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Sweden
SWECPHP0500IXEBM
Citation
U.S. Federal Reserve, Contribution to growth rate, over 1 year (SWECP110000CTGYM), retrieved from FRED.