Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Sweden
SWECPHP1000GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.50
Year-over-Year Change
-180.36%
Date Range
1/1/1997 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Education in Sweden measures the change in prices paid by consumers for educational goods and services. It is a key indicator of inflation and a crucial input for policymakers in assessing the overall cost of living and effectiveness of economic policies.
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 Education in Sweden is part of the Harmonized Index of Consumer Prices (HICP), which provides a comparable measure of inflation across European Union countries. It covers a wide range of educational expenses, including tuition fees, textbooks, and other school-related costs.
Methodology
The data is collected through surveys of consumers and educational institutions by Statistics Sweden.
Historical Context
Policymakers and central banks use the CPI for Education to gauge inflationary pressures and make informed decisions on monetary and fiscal policies.
Key Facts
- The CPI for Education in Sweden has a base year of 2015.
- Education accounts for approximately 3% of the total consumer basket in Sweden.
- The CPI for Education is published monthly by Statistics Sweden.
FAQs
Q: What does this economic trend measure?
A: The CPI for Education in Sweden measures the change in prices paid by consumers for educational goods and services, including tuition fees, textbooks, and other school-related costs.
Q: Why is this trend relevant for users or analysts?
A: The CPI for Education is a crucial indicator of inflation and cost of living, providing important insights for policymakers, economists, and consumers in Sweden.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and educational institutions by Statistics Sweden.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use the CPI for Education to gauge inflationary pressures and make informed decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The CPI for Education in Sweden is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Sweden (SWECPHP1000GYM), retrieved from FRED.