Consumer Price Index: Communication (COICOP 08): Total for Sweden
Quarterly
SWECP080000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.73
Year-over-Year Change
-2.21%
Date Range
1/1/1980 - 7/1/2023
Summary
The Quarterly trend measures the quarterly change in seasonally-adjusted total employees in the private sector of the Swedish economy. This indicator provides important insights into the overall health and direction of the Swedish labor market.
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 Quarterly trend tracks quarter-over-quarter changes in the total number of employed individuals in the private sector of Sweden. It is a closely watched economic indicator that reflects broader trends in business activity, consumer demand, and the general strength of the Swedish economy.
Methodology
The data for this trend is collected through a monthly survey of private employers in Sweden.
Historical Context
Economists and policymakers use this trend to assess the Swedish economy's performance and inform decisions around fiscal and monetary policy.
Key Facts
- The Quarterly trend is published by the U.S. Federal Reserve.
- The data is collected through a monthly survey of private employers in Sweden.
- The indicator provides insights into the overall health of the Swedish labor market.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarter-over-quarter change in the total number of employed individuals in the private sector of the Swedish economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the overall health and direction of the Swedish labor market, which is a key indicator of the country's economic performance.
Q: How is this data collected or calculated?
A: The data for this trend is collected through a monthly survey of private employers in Sweden.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the Swedish economy's performance and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The Quarterly trend is published by the U.S. Federal Reserve and may be subject to update delays or limitations inherent in the data collection process.
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Citation
U.S. Federal Reserve, Quarterly (SWECP080000IXNBQ), retrieved from FRED.