Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Sweden
CPGRLE01SEA659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.07
Year-over-Year Change
368.14%
Date Range
1/1/1971 - 1/1/2024
Summary
The Consumer Price Index: All Items Non-Food Non-Energy for Sweden tracks changes in the prices of goods and services excluding food and energy, providing insight into underlying inflationary pressures in the Swedish 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
This index is a key measure of core inflation in Sweden, which excludes volatile food and energy prices to better reflect sustained price changes. It is widely used by economists and policymakers to assess the overall health of the Swedish economy and guide monetary policy decisions.
Methodology
The data is collected and calculated monthly by Statistics Sweden based on a representative basket of consumer goods and services.
Historical Context
The non-food, non-energy CPI is an important indicator for the Swedish Riksbank in setting interest rates and monetary policy.
Key Facts
- Excludes volatile food and energy prices to measure underlying inflation.
- Has been published monthly since 1980 by Statistics Sweden.
- Considered a key indicator for the Swedish Riksbank's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: All Items Non-Food Non-Energy for Sweden tracks changes in the prices of goods and services excluding food and energy costs, providing a measure of core inflation in the Swedish economy.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator for assessing underlying inflationary pressures in Sweden, helping economists and policymakers evaluate the overall health of the economy and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated monthly by Statistics Sweden based on a representative basket of consumer goods and services.
Q: How is this trend used in economic policy?
A: The non-food, non-energy CPI is an important indicator for the Swedish Riksbank in setting interest rates and monetary policy to maintain price stability in the country.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays, providing timely information on underlying inflationary trends in Sweden.
Related Trends
Consumer Price Index: All Items: Total for Sweden
SWECPALTT01IXNBQ
Balance of Payments: Goods: Expenditure for Sweden
SWEB6DBTD01NCCUQ
Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Sweden
LFHUTTMASEM647S
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Sweden
IDS1YMAORIAISE
Exchange Rate Adjusted Changes of Domestic Debt Securities for General Government Issuers, All Maturities, Residence of Issuer in Sweden
DSAMRIAOGGERSE
Labor Compensation: Earnings: Manufacturing and Mining: Hourly for Sweden
LCEAMM01SEQ189N
Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Sweden (CPGRLE01SEA659N), retrieved from FRED.