Consumer Price Index: Harmonized Prices: Education (COICOP 10): Total for Sweden
Index Eurostat base
SWECPHP1000IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.24
Year-over-Year Change
2.17%
Date Range
1/1/1996 - 11/1/2023
Summary
The Index Eurostat base measures the inflation rate in Sweden based on the Harmonized Index of Consumer Prices (HICP) with 2015 as the base year. It provides a standardized metric for comparing price changes across the European Union.
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 Index Eurostat base tracks the changes in the general price level of goods and services purchased by Swedish households. It is a key indicator used by the European Central Bank and national policymakers to monitor inflation and guide monetary policy decisions.
Methodology
The data is collected through surveys of consumer expenditures and compiled by Eurostat, the statistical office of the European Union.
Historical Context
The Index Eurostat base is widely referenced by economists, investors, and government agencies to assess the overall health of the Swedish economy.
Key Facts
- The base year for the Index Eurostat base is 2015.
- Sweden's Index Eurostat base reached a record high of 105.16 in April 2022.
- The Index Eurostat base is published monthly by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base measures the inflation rate in Sweden based on the Harmonized Index of Consumer Prices (HICP), which provides a standardized metric for comparing price changes across the European Union.
Q: Why is this trend relevant for users or analysts?
A: The Index Eurostat base is a key indicator used by the European Central Bank and national policymakers to monitor inflation and guide monetary policy decisions, making it relevant for economists, investors, and government agencies assessing the overall health of the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and compiled by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The Index Eurostat base is widely referenced by economists, investors, and government agencies to assess the overall health of the Swedish economy and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The Index Eurostat base is published monthly by Eurostat with no significant update delays.
Related Trends
Production: Mining: Total for Sweden
SWEPRMITO01IXEBQ
Harmonized Index of Consumer Prices: Oils and Fats for Sweden
CP0115SEM086NEST
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Sweden
SWEPREND401IXOBQ
Production: Manufacturing: Total Manufacturing for Sweden
PRMNTO01SEQ657S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Sweden
SWECP040500GYQ
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels for Sweden
SWECPHP0405GPM
Citation
U.S. Federal Reserve, Index Eurostat base (SWECPHP1000IXEBM), retrieved from FRED.