YoY Change in Core 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 Core Consumer Price Index (CPI Core) measures the percentage change in the prices of goods and services purchased by consumers in Sweden, excluding food and energy, compared to the same month of the previous year. This data is released monthly by Statistics Sweden (SCB) and is crucial for assessing underlying inflation trends.
By excluding the volatile food and energy prices, the CPI Core provides a more stable indication of inflation trends. If the CPI Core increases, it indicates rising underlying inflationary pressures, which can erode consumer purchasing power. Conversely, if the CPI Core decreases, it suggests deflation risks, potentially enhancing consumer purchasing power.
This data is vital for policymakers to evaluate underlying inflation trends and formulate appropriate monetary policies. For instance, if the CPI Core shows significant growth, the central bank may consider raising interest rates to control inflation. Conversely, if the CPI Core decreases, it might necessitate strengthening economic stimulus measures. For businesses and investors, CPI Core data is also crucial for understanding underlying 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 | ||
