Harmonized Index of Consumer Prices: Restaurants and Hotels for Sweden
CP1100SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.71
Year-over-Year Change
4.81%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices: Restaurants and Hotels for Sweden measures the changes in prices of restaurant and hotel services in Sweden. This metric is a key indicator of inflation in the Swedish service sector.
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 standardized measure of inflation used across the European Union. The Restaurants and Hotels component tracks the price changes in dining, accommodation, and related services in Sweden, providing insights into the cost of living and service sector dynamics.
Methodology
The data is collected through surveys of businesses and consumers by Statistics Sweden.
Historical Context
This index is used by economists, policymakers, and investors to assess inflationary pressures and the health of the Swedish service economy.
Key Facts
- The base year for the index is 2015 = 100.
- Restaurants and hotels account for around 9% of the total Swedish HICP basket.
- The index is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices: Restaurants and Hotels for Sweden measures the changes in prices for restaurant, dining, and hotel services in the country.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into inflationary pressures in the Swedish service sector, which is crucial for understanding the overall cost of living and the health of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and consumers by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors use this index to assess inflationary dynamics and the performance of the Swedish service economy, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by Eurostat with no significant delays.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Sweden
SWECPGRHO01GYQ
Harmonized Index of Consumer Prices: Passenger Transport by Road for Sweden
CP0732SEM086NEST
Inflation, consumer prices for Sweden
FPCPITOTLZGSWE
Harmonized Index of Consumer Prices: All-Items HICP for Sweden
CP0000SEM086NEST
Labor Compensation: Earnings: Private Sector: Hourly for Sweden
LCEAPR01SEM189N
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Imputed Rentals for Housing: Total for Sweden
SWECP040200GPQ
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Restaurants and Hotels for Sweden (CP1100SEM086NEST), retrieved from FRED.