Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Sweden
CP1230SEM086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.49
Year-over-Year Change
8.92%
Date Range
1/1/1996 - 6/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Personal Effects N.e.c. in Sweden measures the changes in prices of a range of personal care and hygiene products. This index is an important economic indicator for tracking consumer inflation in Sweden.
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 consumer price inflation across European Union countries. The Personal Effects N.e.c. (Not Elsewhere Classified) index specifically tracks the prices of various personal care, grooming, and miscellaneous products purchased by Swedish consumers.
Methodology
The data is collected through a survey of prices from a representative sample of retailers across Sweden.
Historical Context
The HICP is used by policymakers, economists, and market analysts to assess overall price pressures and trends in the Swedish economy.
Key Facts
- HICP tracks changes in consumer prices across the European Union.
- The Personal Effects N.e.c. index is a component of the broader HICP for Sweden.
- This index is used to monitor inflation trends and consumer spending patterns.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Personal Effects N.e.c. in Sweden measures the changes in prices of a range of personal care and hygiene products purchased by consumers.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator for tracking consumer inflation and spending patterns in the Swedish economy, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through a survey of prices from a representative sample of retailers across Sweden.
Q: How is this trend used in economic policy?
A: The HICP is used by the European Central Bank and national policymakers to assess overall price pressures and make decisions about monetary policy.
Q: Are there update delays or limitations?
A: The HICP data is typically published with a short lag, and the index may not capture all changes in consumer prices due to the sampling methodology.
Related Trends
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Sweden
PRINTO01SEA661N
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for Sweden
LRAC64FESEQ156S
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Sweden
SWECP110000IXNBM
Harmonized Index of Consumer Prices: Household Appliances for Sweden
CP0530SEM086NEST
Infra-Annual Labor Statistics: Employment Rate Female: From 25 to 54 Years for Sweden
LREM25FESEQ156S
Consumer Price Index: Housing for Sweden
SWECPIHOUAINMEI
Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Personal Effects N.e.c. for Sweden (CP1230SEM086NEST), retrieved from FRED.