Consumer Price Index: Education (COICOP 10): Total: Total for Sweden
SWECP100000CTGYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/2010 - 9/1/2018
Summary
The Consumer Price Index: Education (COICOP 10): Total: Total for Sweden measures the change in prices for education-related goods and services in Sweden. This key economic indicator helps policymakers and analysts assess changes in the cost of living 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 Consumer Price Index (CPI) is a widely used measure of inflation, tracking the average change in prices paid by consumers for a basket of goods and services. The Education component (COICOP 10) specifically focuses on the education-related expenses faced by Swedish households.
Methodology
The data is collected through a nationwide survey of consumer purchases.
Historical Context
CPI trends inform monetary policy decisions and provide important context for analyzing consumer spending patterns.
Key Facts
- The base year for the Education CPI is 2015.
- Education accounts for about 2% of the total CPI basket in Sweden.
- The Education CPI reached a record high in 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index: Education (COICOP 10): Total: Total for Sweden measures the change in prices for education-related goods and services in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into inflationary pressures and the cost of living for Swedish households, which is crucial information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of consumer purchases.
Q: How is this trend used in economic policy?
A: CPI trends inform monetary policy decisions and provide important context for analyzing consumer spending patterns.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delay, providing timely information on price changes.
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Citation
U.S. Federal Reserve, Consumer Price Index: Education (COICOP 10): Total: Total for Sweden (SWECP100000CTGYM), retrieved from FRED.