Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Sweden
SWECP050000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.00
Year-over-Year Change
0.53%
Date Range
1/1/1980 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in the prices of household goods and services in Sweden. This key economic indicator provides insight into consumer spending patterns and inflationary pressures.
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 CPI for Furnishings, Household Equipment and Routine Household Maintenance is a subcomponent of the overall Swedish Consumer Price Index. It measures the price changes of a fixed basket of household-related goods and services, offering a detailed view of this important consumer spending category.
Methodology
The data is collected by Statistics Sweden through a nationwide survey of consumer prices.
Historical Context
This CPI trend is closely monitored by Swedish policymakers and economists to understand household consumption behavior and guide economic policy decisions.
Key Facts
- The CPI for Furnishings, Household Equipment and Routine Household Maintenance has a base year of 2015.
- This index represents about 5% of the total Swedish Consumer Price Index basket.
- Prices of household goods and services in Sweden have risen by 7.2% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The CPI for Furnishings, Household Equipment and Routine Household Maintenance tracks changes in the prices of a basket of household-related goods and services in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This CPI subindex provides insight into household consumption patterns and inflationary pressures, which are important for policymakers and economists analyzing the overall Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Sweden through a nationwide survey of consumer prices.
Q: How is this trend used in economic policy?
A: The CPI for Furnishings, Household Equipment and Routine Household Maintenance is closely monitored by Swedish policymakers to understand household spending behavior and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Sweden (SWECP050000IXOBM), retrieved from FRED.