Producer Prices Index: Economic activities: Energy: Domestic for Sweden
Growth rate previous period, Monthly
SWEPIEAEN02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.41
Year-over-Year Change
-301.64%
Date Range
2/1/1990 - 2/1/2023
Summary
The 'Growth rate previous period, Monthly' measures the month-over-month change in Swedish industrial production. This key metric provides insights into the health and momentum of the Swedish manufacturing sector.
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
This trend represents the seasonally adjusted percentage change in Swedish industrial production compared to the previous month. It is a widely followed indicator of economic activity and an important input for policymakers and analysts assessing the state of the Swedish economy.
Methodology
The data is collected through surveys of industrial firms and calculated by Statistics Sweden.
Historical Context
Policymakers and investors monitor this trend to gauge Sweden's economic performance and forecast future growth.
Key Facts
- Sweden is a major industrial exporter, with manufacturing accounting for over 15% of its GDP.
- The growth rate of industrial production is a leading indicator of overall economic activity.
- Sweden's manufacturing sector has seen steady expansion in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Monthly' measures the month-over-month change in seasonally adjusted Swedish industrial production.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and momentum of the Swedish manufacturing sector, which is a key driver of the country's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and calculated by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor this trend to gauge Sweden's economic performance and forecast future growth.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (SWEPIEAEN02GPM), retrieved from FRED.