Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Sweden
Index source base
SWECP050000IXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
272.16
Year-over-Year Change
3.64%
Date Range
1/1/1980 - 11/1/2023
Summary
The Index Source Base measures the base year for the Source Data Index, which is used to track changes in economic activity over time.
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 Index Source Base represents the reference point or starting year used to calculate the Source Data Index, a macroeconomic indicator that measures changes in various economic factors. This base year is an important factor in interpreting and analyzing the Source Data Index.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying economic source data.
Historical Context
The Index Source Base is utilized by economists, policymakers, and market analysts to provide context for interpreting the Source Data Index.
Key Facts
- The Index Source Base is updated periodically by the Federal Reserve.
- The base year for the Index Source Base can influence the interpretation of economic trends.
- Changes in the Index Source Base can affect the perceived magnitude of economic fluctuations.
FAQs
Q: What does this economic trend measure?
A: The Index Source Base measures the reference year used to calculate the Source Data Index, a key macroeconomic indicator.
Q: Why is this trend relevant for users or analysts?
A: The Index Source Base provides important context for interpreting the Source Data Index, which is widely used by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying economic source data.
Q: How is this trend used in economic policy?
A: The Index Source Base is utilized by economists and policymakers to provide context for analyzing the Source Data Index, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The Index Source Base is updated periodically by the Federal Reserve, and the base year can influence the interpretation of economic trends.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Sweden
SWEIMPORTQDSMEI
Harmonized Index of Consumer Prices: Other Services N.e.c. for Sweden
CP1270SEM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics for Sweden
SWECP020000GYQ
National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Sweden
NAEXKP07SEQ652S
Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Sweden
LFEAAGTTSEQ647S
Gross National Income for Sweden
MKTGNISEA646NWDB
Citation
U.S. Federal Reserve, Index Source Base (SWECP050000IXNBM), retrieved from FRED.