Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Sweden
CP0911SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.73
Year-over-Year Change
-0.01%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Equipment for the Reception, Recording and Reproduction of Sound and Picture in Sweden tracks the prices of audio/visual equipment and related products over time. This provides insight into Swedish consumer spending and inflation patterns.
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 Equipment for the Reception, Recording and Reproduction of Sound and Picture index specifically monitors the prices of televisions, stereos, cameras, and other audio/visual consumer goods in Sweden.
Methodology
The data is collected through a monthly survey of consumer prices by Statistics Sweden.
Historical Context
Economists and policymakers use this HICP index to assess trends in Swedish consumer demand and overall inflation.
Key Facts
- The HICP is a standard EU inflation metric.
- Equipment for Sound/Picture covers TVs, stereos, cameras.
- Sweden's HICP data is collected monthly by Statistics Sweden.
FAQs
Q: What does this economic trend measure?
A: This HICP index tracks the prices of consumer audio/visual equipment like TVs, stereos, and cameras in Sweden over time.
Q: Why is this trend relevant for users or analysts?
A: This HICP index provides insight into Swedish consumer spending patterns and overall inflation trends.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of consumer prices by Sweden's national statistics agency, Statistics Sweden.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this HICP index to assess Swedish consumer demand and inflation dynamics.
Q: Are there update delays or limitations?
A: There may be short delays in publishing the monthly HICP data due to the survey collection process.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Equipment for the Reception, Recording and Reproduction of Sound and Picture for Sweden (CP0911SEM086NEST), retrieved from FRED.