Consumer Price Index: Food for Sweden
Annual
SWECPIFODAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.37
Year-over-Year Change
27.77%
Date Range
1/1/1955 - 1/1/2017
Summary
The Annual Inflation Rate measures the year-over-year change in consumer prices across the United States. It serves as a key indicator of economic performance and guides monetary policy decisions.
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 Annual Inflation Rate tracks changes in the overall price level of consumer goods and services in the U.S. economy. It is a widely watched metric that informs economic analysis, market forecasting, and policy responses from the Federal Reserve.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using the Consumer Price Index (CPI).
Historical Context
The inflation rate is a critical factor in the Federal Reserve's mandate to stabilize prices and maximize employment.
Key Facts
- The 2022 annual inflation rate reached a 40-year high of over 9%.
- The Federal Reserve aims to maintain a 2% annual inflation target.
- Consumer spending makes up over two-thirds of U.S. economic activity.
FAQs
Q: What does this economic trend measure?
A: The Annual Inflation Rate measures the year-over-year change in the overall price level of consumer goods and services in the United States.
Q: Why is this trend relevant for users or analysts?
A: The inflation rate is a critical economic indicator that informs monetary policy decisions, investment strategies, and consumer spending patterns.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using the Consumer Price Index (CPI).
Q: How is this trend used in economic policy?
A: The Federal Reserve closely monitors the inflation rate as part of its dual mandate to stabilize prices and maximize employment.
Q: Are there update delays or limitations?
A: The Annual Inflation Rate data is released monthly with a short lag, allowing for timely analysis of current economic conditions.
Related Trends
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Sweden
LFAC74TTSEQ647N
Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Sweden
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Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 64 Years for Sweden
LRIN64FESEQ156S
Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Sweden
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Real Narrow Effective Exchange Rate for Sweden
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Bank Concentration for Sweden
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Citation
U.S. Federal Reserve, Annual Inflation Rate (SWECPIFODAINMEI), retrieved from FRED.