Harmonized Index of Consumer Prices: Games, Toys and Hobbies for Sweden
CP0931SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.08
Year-over-Year Change
0.19%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP): Games, Toys and Hobbies for Sweden measures the price changes of recreational goods in the Swedish market. This metric is a key indicator of consumer spending and inflationary pressures in the economy.
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 prices used across the European Union to track inflation. The Games, Toys and Hobbies component specifically monitors the prices of recreational products and services, providing insights into Swedish consumer behavior and demand.
Methodology
The HICP data is collected through surveys of retail outlets and service providers across Sweden.
Historical Context
Policymakers and economists analyze HICP trends to inform monetary and fiscal policy decisions.
Key Facts
- HICP is a standardized measure of consumer prices used across the EU.
- The Games, Toys and Hobbies component tracks recreational product prices.
- This metric provides insights into Swedish consumer spending and demand.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP): Games, Toys and Hobbies for Sweden measures the price changes of recreational goods and services in the Swedish market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Swedish consumer behavior and demand, which is important for policymakers and economists analyzing inflationary pressures and consumer spending patterns.
Q: How is this data collected or calculated?
A: The HICP data is collected through surveys of retail outlets and service providers across Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze HICP trends to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published regularly by the relevant statistical agencies, with minimal delays in reporting.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Games, Toys and Hobbies for Sweden (CP0931SEM086NEST), retrieved from FRED.