Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Sweden
SWECPIHICAINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.98
Year-over-Year Change
30.73%
Date Range
1/1/1990 - 1/1/2024
Summary
The Consumer Price Index (CPI) for Sweden measures changes in the prices of consumer goods and services purchased by households. It is a key indicator of inflation and a crucial tool for economic policymakers.
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 Swedish CPI is a comprehensive measure of the average change in prices paid by consumers for a basket of goods and services. It is used to assess the cost of living, adjust salaries and social benefits, and inform monetary policy decisions.
Methodology
The Swedish CPI is calculated based on a survey of prices collected from retail outlets and service providers across the country.
Historical Context
The CPI is a critical economic indicator monitored by the Swedish Central Bank and government to support policy decisions that maintain price stability and economic growth.
Key Facts
- The Swedish CPI has a base year of 2015.
- The CPI is published monthly by Statistics Sweden.
- Sweden has maintained low and stable inflation rates in recent decades.
FAQs
Q: What does this economic trend measure?
A: The Swedish Consumer Price Index (CPI) measures the average change in prices paid by consumers for a basket of goods and services in Sweden.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a key indicator of inflation and a crucial tool for economic policymakers, businesses, and consumers in Sweden.
Q: How is this data collected or calculated?
A: The Swedish CPI is calculated based on a survey of prices collected from retail outlets and service providers across the country.
Q: How is this trend used in economic policy?
A: The CPI is monitored by the Swedish Central Bank and government to support policy decisions that maintain price stability and economic growth.
Q: Are there update delays or limitations?
A: The CPI is published monthly by Statistics Sweden with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Sweden (SWECPIHICAINMEI), retrieved from FRED.