Index 2015=100
SWECPIHICQINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.89
Year-over-Year Change
1.69%
Date Range
1/1/1990 - 7/1/2015
Summary
The Index 2015=100 measures the price level of a broad basket of consumer goods and services in Sweden compared to a base year of 2015. It serves as a key indicator of inflation and cost-of-living trends for policymakers and economists.
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 2015=100 is a price index published by Statistics Sweden that tracks the overall change in consumer prices in the Swedish economy. It is an important macroeconomic indicator used to assess the purchasing power of consumers and inform monetary and fiscal policy decisions.
Methodology
The index is calculated based on a representative sample of consumer goods and services, with prices collected from retail outlets and service providers.
Historical Context
The Index 2015=100 is closely monitored by the Swedish central bank, Riksbank, in its mandate to maintain price stability and support sustainable economic growth.
Key Facts
- Base year for the index is 2015.
- The index covers over 1,000 consumer goods and services.
- Sweden's central bank uses the index to set monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the overall change in consumer prices in Sweden, providing a broad gauge of inflation in the economy.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of cost-of-living and purchasing power for consumers, and a crucial input for monetary and fiscal policy decisions by the Swedish government and central bank.
Q: How is this data collected or calculated?
A: The index is calculated based on a representative sample of consumer goods and services, with prices collected directly from retail outlets and service providers.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is closely monitored by the Swedish Riksbank in setting monetary policy to maintain price stability and support sustainable economic growth.
Q: Are there update delays or limitations?
A: The index is published monthly by Statistics Sweden with minimal delays, providing timely data on consumer price trends.
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Citation
U.S. Federal Reserve, Index 2015=100 (SWECPIHICQINMEI), retrieved from FRED.