Harmonized Index of Consumer Prices: Passenger Transport by Air for Sweden
CP0733SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.88
Year-over-Year Change
-6.58%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Passenger Transport by Air in Sweden measures the change in prices paid by Swedish consumers for air travel.
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 widely used metric for tracking inflation across European Union countries. The Passenger Transport by Air subindex provides insights into a key consumer spending category and reflects changes in the cost of air travel for Swedish households.
Methodology
The data is collected through surveys of prices charged by airlines and travel agencies.
Historical Context
This economic indicator is closely monitored by policymakers, economists, and investors to assess inflationary pressures.
Key Facts
- The baseline year for the HICP is 2015.
- Air travel accounts for around 3% of the total Swedish consumer price index.
- Prices are collected from both online and offline booking channels.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices for Passenger Transport by Air in Sweden tracks the change in prices paid by Swedish consumers for air travel.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into inflationary pressures in the Swedish air travel market, which is an important component of consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through surveys of prices charged by airlines and travel agencies.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this indicator to assess overall inflationary trends and the cost of living for Swedish households.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Passenger Transport by Air for Sweden (CP0733SEM086NEST), retrieved from FRED.