Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Sweden
SWECP050000IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.78
Year-over-Year Change
14.36%
Date Range
1/1/1980 - 1/1/2025
Summary
The Consumer Price Indices (CPIs, HICPs) COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Sweden measures changes in the prices of household goods and services in Sweden. This index is a key indicator of consumer inflation and cost of living.
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 Furnishings, Household Equipment and Routine Household Maintenance CPI tracks the prices of a basket of goods and services related to maintaining and equipping a household in Sweden. Economists and policymakers use this index to assess inflationary pressures and the purchasing power of Swedish consumers.
Methodology
The data is collected through a nationwide survey of consumer prices by Statistics Sweden.
Historical Context
This CPI trend is used to inform Swedish monetary and fiscal policy decisions.
Key Facts
- The base year for this CPI is 2015.
- The index covers over 1,000 individual goods and services.
- Sweden's Furnishings, Household Equipment and Routine Household Maintenance CPI reached an all-time high in 2022.
FAQs
Q: What does this economic trend measure?
A: This CPI measures changes in the prices of furnishings, household equipment, and routine household maintenance services in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer inflation and purchasing power for Swedish households, making it important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer prices by Statistics Sweden.
Q: How is this trend used in economic policy?
A: The Furnishings, Household Equipment and Routine Household Maintenance CPI is used to inform Swedish monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, and covers a comprehensive basket of household goods and services.
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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 (SWECP050000IXOBQ), retrieved from FRED.