Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Sweden
Contribution to growth rate, over 1 year, Monthly
SWECP070000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.30
Year-over-Year Change
-250.00%
Date Range
1/1/2010 - 3/1/2025
Summary
This economic trend measures the contribution to the growth rate of the Smoothed Weighted Engel Coefficient over a 1-year period on a monthly basis. It provides valuable insights into consumer spending patterns and is a key indicator for economists and policymakers.
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 Smoothed Weighted Engel Coefficient (SWECP) is a measure of household consumption expenditure. The contribution to growth rate over 1 year captures the change in this metric over time, offering insights into consumer behavior and economic conditions.
Methodology
The data is calculated by the U.S. Federal Reserve based on underlying household consumption expenditure surveys.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to assess the state of the consumer economy.
Key Facts
- The SWECP measures household consumption expenditure patterns.
- The contribution to growth rate tracks changes in the SWECP over time.
- This trend is a key indicator of consumer economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contribution to the growth rate of the Smoothed Weighted Engel Coefficient (SWECP), which is a metric of household consumption expenditure, over a 1-year period on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer spending patterns and is closely monitored by economists, policymakers, and market analysts to assess the state of the consumer economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on underlying household consumption expenditure surveys.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand consumer behavior and economic conditions, which informs policy decisions and market analyses.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve, with no known significant delays or limitations.
Related Trends
Financial Market: Share Prices for Sweden
SPASTT01SEA661N
Provisions to Non-Performing Loans for Sweden
DDSI07SEA156NWDB
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Sweden
LFEM55FESEA647S
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for Sweden
LRAC64FESEQ156S
Real Narrow Effective Exchange Rate for Sweden
RNSEBIS
Harmonized Index of Consumer Prices: All Items Excluding Fully Administered Prices for Sweden
00XAPFSEM086NEST
Citation
U.S. Federal Reserve, Contribution to growth rate, over 1 year, Monthly (SWECP070000CTGYM), retrieved from FRED.