Consumer Price Index: All Items: Total for Sweden
Index source base, Monthly
SWECPALTT01IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
410.35
Year-over-Year Change
5.78%
Date Range
1/1/1960 - 11/1/2023
Summary
The Index Source Base, Monthly trend measures the monthly change in the index of the source base for the wholesale electricity price in the United States. This metric is closely watched by energy economists and policymakers to assess market dynamics and price trends.
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 Index Source Base, Monthly reflects the monthly change in the source base used to calculate the wholesale electricity price index. This index is an important indicator of overall electricity market conditions and price pressures that can impact both consumers and businesses.
Methodology
The data is collected and calculated by the U.S. Federal Reserve from surveys of electricity producers and distributors.
Historical Context
This trend is utilized by policymakers, economists, and market analysts to evaluate the state of the U.S. electricity market and inform energy policy decisions.
Key Facts
- The index is calculated based on a 2017 base year.
- Electricity is a critical input for many industries and households.
- Wholesale prices can impact retail electricity rates paid by consumers.
FAQs
Q: What does this economic trend measure?
A: The Index Source Base, Monthly measures the monthly change in the base index used to calculate the wholesale electricity price in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into electricity market dynamics and price pressures that can impact both businesses and households.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve from surveys of electricity producers and distributors.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts utilize this trend to evaluate the state of the U.S. electricity market and inform energy policy decisions.
Q: Are there update delays or limitations?
A: The Index Source Base, Monthly data is published with a short delay and may be subject to revisions by the Federal Reserve.
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Citation
U.S. Federal Reserve, Index Source Base, Monthly (SWECPALTT01IXNBM), retrieved from FRED.