Harmonized Index of Consumer Prices: Heat Energy for Sweden
CP0455SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.68
Year-over-Year Change
7.32%
Date Range
1/1/1996 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices: Heat Energy for Sweden measures the price changes of heating energy for households in Sweden. This important economic indicator helps track inflationary pressures and consumer spending on a key household expense.
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 widely used European standard for measuring inflation and price changes over time. The Heat Energy component specifically reflects the costs associated with home heating, a significant budget item for many Swedish consumers.
Methodology
The data is collected through surveys of households and businesses by Sweden's national statistics agency.
Historical Context
Policymakers and market analysts closely monitor HICP data to understand consumer price dynamics and make informed decisions.
Key Facts
- Sweden's HICP for heat energy is reported monthly.
- Heat energy accounts for about 4% of the total HICP basket in Sweden.
- Prices for heating have risen faster than overall inflation in recent years.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Heat Energy for Sweden measures the price changes of heating energy for households in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into inflationary pressures and consumer spending on a key household expense, helping policymakers and market participants make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by Sweden's national statistics agency.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor HICP data, including the Heat Energy component, to understand consumer price dynamics and make informed decisions.
Q: Are there update delays or limitations?
A: The Harmonized Index of Consumer Prices: Heat Energy for Sweden is reported monthly, with no significant update delays.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Heat Energy for Sweden (CP0455SEM086NEST), retrieved from FRED.