Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Sweden
CP0118SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.82
Year-over-Year Change
9.50%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery in Sweden measures changes in the prices of these products over time. This metric is crucial for economists and policymakers to track consumer price inflation.
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 HICP is a standardized measure of consumer price inflation across the European Union. The Sugar, Jam, Honey, Chocolate and Confectionery index specifically tracks price changes in these food and confectionery items in Sweden, providing insight into a key component of household consumption.
Methodology
The data is collected through surveys of consumer purchases and business pricing.
Historical Context
Policymakers use the HICP to monitor inflation and guide monetary policy decisions.
Key Facts
- The HICP is a standardized metric used across the EU.
- Sugar, jam, honey, chocolate and confectionery account for a significant portion of household budgets.
- Monitoring these prices helps assess the overall cost of living.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Sugar, Jam, Honey, Chocolate and Confectionery tracks changes in the prices of these food and confectionery items in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insight into a key component of household consumption and is used by policymakers to monitor inflation and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer purchases and business pricing.
Q: How is this trend used in economic policy?
A: Policymakers use the HICP to monitor inflation and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published regularly, but there may be some delays in reporting due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Sweden (CP0118SEM086NEST), retrieved from FRED.