Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Sweden
00XTOBSEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.70
Year-over-Year Change
2.94%
Date Range
12/1/1999 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Sweden measures inflation in Sweden's consumer prices, excluding tobacco products. This metric is crucial for analyzing Sweden's economic performance and informing 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 Harmonized Index of Consumer Prices (HICP) is a standard measure of inflation used across the European Union. The index excluding tobacco provides a more accurate picture of overall price changes, as tobacco products can be subject to significant tax variations.
Methodology
The data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
The HICP excluding tobacco is used by policymakers and analysts to assess inflationary pressures and guide monetary policy in Sweden.
Key Facts
- The index uses 2015 as the base year.
- Tobacco products are excluded to provide a more accurate measure of overall price changes.
- Sweden is a member of the European Union and uses the euro currency.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Sweden measures changes in the prices of consumer goods and services in Sweden, excluding tobacco products.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for analyzing inflationary pressures and economic performance in Sweden, which is important for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The HICP excluding tobacco is used by the Swedish central bank and other policymakers to assess inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by Eurostat, with a typical delay of around 2-3 weeks.
Related Trends
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Sweden
QSENAM770A
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Sweden
NAEXKP01SEQ652S
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 74 Years for Sweden
LFIN74TTSEQ647N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden
PRCNTO01SEQ661N
Leading Indicators OECD: Component series: Share prices: Normalised for Sweden
SWELOCOSPNOSTSAM
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Sweden
LREM64FESEQ156S
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for Sweden (00XTOBSEM086NEST), retrieved from FRED.