YoY Change in Consumer Price Index (CPI) in Sweden
Sweden| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-over-year Consumer Price Index (CPI) measures the percentage change in the prices of goods and services purchased by consumers in Sweden compared to the same month in the previous year. This data, released monthly by Statistics Sweden (SCB), is crucial for assessing inflation trends.
Year-over-year CPI data helps gauge the extent of inflation. If the CPI increases, it indicates rising inflationary pressures, which can erode consumer purchasing power. Conversely, if the CPI decreases, it suggests deflation risks, potentially enhancing consumer purchasing power.
This data is vital for policymakers to evaluate inflation trends and formulate appropriate monetary policies. For instance, if the CPI shows significant growth, the central bank may consider raising interest rates to control inflation. Conversely, if the CPI decreases, it might necessitate strengthening economic stimulus measures. For businesses and investors, CPI data is also crucial for understanding inflation trends and making informed economic and investment decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
