Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Sweden
SWECPIENGQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.45
Year-over-Year Change
-4.95%
Date Range
1/1/1970 - 1/1/2025
Summary
The Consumer Price Index (CPI) for Energy in Sweden measures the change in prices for energy-related goods and services, providing insight into inflationary pressures in the Swedish economy.
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 Energy in Sweden is a component of the broader Consumer Price Index, which tracks the average change in prices paid by consumers for a basket of goods and services. The Energy CPI specifically monitors price fluctuations for energy sources like electricity, natural gas, and motor fuels.
Methodology
This data is collected through surveys of Swedish households and businesses, with prices observed directly from retailers and service providers.
Historical Context
The Energy CPI is a key indicator used by policymakers and economists to assess the impact of energy costs on inflation and consumer spending.
Key Facts
- Energy accounts for approximately 10% of the Swedish CPI basket.
- Prices for energy goods and services have increased by 20% over the past 5 years.
- The Energy CPI is a leading indicator of overall inflation in Sweden.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Energy in Sweden tracks the change in prices for energy-related goods and services, such as electricity, natural gas, and motor fuels.
Q: Why is this trend relevant for users or analysts?
A: The Energy CPI provides important insights into inflationary pressures in the Swedish economy, as energy costs have a significant impact on consumer spending and overall price levels.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish households and businesses, with prices observed directly from retailers and service providers.
Q: How is this trend used in economic policy?
A: The Energy CPI is a key indicator used by policymakers and economists to assess the impact of energy costs on inflation and consumer spending, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Energy CPI data is published monthly with a lag of approximately two weeks, providing timely information on energy price trends.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Sweden (SWECPIENGQINMEI), retrieved from FRED.