Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Sweden
SWECPHP0600GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.40
Year-over-Year Change
-55.56%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Health in Sweden measures changes in the prices of goods and services related to healthcare. This is a key economic indicator used to track inflation and evaluate the 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 CPI for Health in Sweden is part of the broader Harmonized Index of Consumer Prices (HICP) framework, which provides a standardized measure of inflation across the European Union. The Health CPI specifically focuses on price changes for medical products, appliances, and services.
Methodology
The data is collected through regular price surveys of a representative basket of healthcare-related goods and services.
Historical Context
Policymakers and economists use the Health CPI to inform decisions on monetary policy, social programs, and the overall state of the Swedish economy.
Key Facts
- The Health CPI is a component of the broader Swedish Consumer Price Index.
- Sweden's Health CPI has increased by 2.5% on average over the past 5 years.
- Healthcare accounts for approximately 6% of the total Swedish consumer basket.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for Health in Sweden measures changes in the prices of medical products, appliances, and services.
Q: Why is this trend relevant for users or analysts?
A: The Health CPI is a key indicator used to track inflation and the cost of living in Sweden, which is important for policymakers, consumers, and economists.
Q: How is this data collected or calculated?
A: The data is collected through regular price surveys of a representative basket of healthcare-related goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the Health CPI to inform decisions on monetary policy, social programs, and the overall state of the Swedish economy.
Q: Are there update delays or limitations?
A: The Health CPI is published monthly with a short delay, providing timely data on healthcare price changes in Sweden.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Sweden (SWECPHP0600GYM), retrieved from FRED.