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Sweden Consumer Price Index (CPI) with fixed interest rate Month-over-Month (MoM)

Price

0.3 %
Change +/-
+0.2 %
Percentage Change
+100.00 %

The current value of the Consumer Price Index (CPI) with fixed interest rate Month-over-Month (MoM) in Sweden is 0.3 %. The Consumer Price Index (CPI) with fixed interest rate Month-over-Month (MoM) in Sweden increased to 0.3 % on 4/1/2024, after it was 0.1 % on 3/1/2024. From 2/1/1987 to 5/1/2024, the average GDP in Sweden was 0.22 %. The all-time high was reached on 2/1/1991 with 2.9 %, while the lowest value was recorded on 1/1/2020 with -1.5 %.

Source: Statistics Sweden

Consumer Price Index (CPI) with fixed interest rate Month-over-Month (MoM)

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CPI with Fixed Interest Rate MoM

Consumer Price Index (CPI) with fixed interest rate Month-over-Month (MoM) History

DateValue
4/1/20240.3 %
3/1/20240.1 %
2/1/20240.2 %
12/1/20230.6 %
11/1/20230.1 %
10/1/20230.1 %
9/1/20230.4 %
6/1/20230.9 %
5/1/20230.1 %
4/1/20230.2 %
1
2
3
4
5
...
30

Similar Macro Indicators to Consumer Price Index (CPI) with fixed interest rate Month-over-Month (MoM)

NameCurrentPreviousFrequency
🇸🇪
Consumer Price Index (CPI)
416.18 points415.5 pointsMonthly
🇸🇪
Consumer Price Index for Housing and Utilities
568.77 points572.97 pointsMonthly
🇸🇪
Consumer Price Index with Fixed Interest Rate
261.21 points260.53 pointsMonthly
🇸🇪
Core Consumer Prices
247.28 points247.41 pointsMonthly
🇸🇪
Core Inflation Rate
3 %2.9 %Monthly
🇸🇪
Core Inflation Rate MoM
0.4 %0 %Monthly
🇸🇪
CPI Transport
573.65 points565.89 pointsMonthly
🇸🇪
CPI with Fixed Interest Rate YoY
2.3 %2.3 %Monthly
🇸🇪
Export Prices
137.5 points135.5 pointsMonthly
🇸🇪
Food Inflation
1.46 %0.66 %Monthly
🇸🇪
Harmonized Consumer Prices
129.02 points128.82 pointsMonthly
🇸🇪
Harmonized Inflation Rate MoM
-0.1 %0.2 %Monthly
🇸🇪
Harmonized Inflation Rate YoY
1.4 %2.5 %Monthly
🇸🇪
Import Prices
142.2 points143 pointsMonthly
🇸🇪
Inflation Expectations
6.2 %6.2 %Monthly
🇸🇪
Inflation Rate
3.7 %3.9 %Monthly
🇸🇪
Inflation Rate MoM
0.1 %-0.1 %Monthly
🇸🇪
Producer Price Change
0.8 %2.6 %Monthly
🇸🇪
Producer Price Inflation MoM
-0.4 %0 %Monthly
🇸🇪
Producer prices
133.8 points134.3 pointsMonthly

As of September 2017, the Riksbank uses the CPIF, the consumer price index with a fixed interest rate, as the target variable for its inflation target. According to the central bank, "From a monetary policy perspective, one disadvantage of the CPI is that it is directly affected by changes in the policy rate. These adjustments, through their impact on mortgage rates, have large and direct effects on the CPI which are not connected to underlying inflationary pressures".

What is Consumer Price Index (CPI) with fixed interest rate Month-over-Month (MoM)?

The Consumer Price Index (CPI) with a fixed interest rate on a month-over-month (MoM) basis is a crucial economic indicator that measures the average change in prices over a certain period for a specified basket of goods and services. This specific variation of the CPI, which adjusts for fixed interest rates, offers a nuanced perspective on inflationary trends and the real cost of living within an economy. Understanding and analyzing the CPI with a fixed interest rate MoM can provide valuable insights for policymakers, financial analysts, investors, and businesses as they navigate the complexities of the macroeconomic landscape. The Consumer Price Index is widely regarded as one of the most reliable and comprehensive indicators of inflation. By tracking the price movements of a representative basket of consumer goods and services, the CPI reflects the purchasing power of a currency and the overall price stability within the economy. When the CPI is adjusted for a fixed interest rate, it takes into account the influence of borrowing costs on consumer prices, thereby offering a more refined and accurate measure of inflation dynamics. Month-over-month analysis of the CPI with a fixed interest rate is pivotal for a few reasons. First, it allows for the identification of short-term inflationary trends and patterns, which can be masked in year-over-year comparisons. By examining the MoM changes, economists and analysts can detect price volatility, seasonal influences, and emerging inflationary pressures more effectively. This approach aids in formulating timely and precise fiscal and monetary policies aimed at stabilizing the economy. Moreover, the fixed interest rate adjustment isolates the impact of interest rate fluctuations on consumer prices, thus providing a clearer view of underlying inflationary trends. Interest rates play a significant role in the economy, influencing borrowing costs for consumers and businesses alike. When interest rates change, they affect prices directly through changes in mortgage payments, loan rates, and indirectly through alterations in consumer spending and investment behavior. By holding interest rates constant, the CPI with a fixed interest rate focuses solely on price changes due to supply and demand dynamics, cost-push inflation (rising costs of production), and other non-interest rate factors. For policymakers, the CPI with a fixed interest rate MoM is an invaluable tool. Central banks, such as the Federal Reserve or the European Central Bank, closely monitor inflation indicators to set and adjust monetary policies. By analyzing month-over-month movements, central banks can make informed decisions about interest rate adjustments, quantitative easing measures, or other policy interventions to achieve their inflation targets and promote economic stability. Financial markets also rely on the CPI with fixed interest rate data to make informed investment decisions. Investors use these figures to anticipate central bank actions, adjust portfolio strategies, and hedge against inflation risks. For instance, if the CPI with fixed interest rate MoM indicates rising inflation, investors may expect the central bank to increase interest rates, which can impact bond yields, stock prices, and currency valuations. Conversely, if inflation is subdued, the central bank may favor expansionary policies, potentially leading to lower interest rates and increased investment in equities and other risk assets. Businesses benefit from understanding the CPI with fixed interest rate MoM as it informs them about cost pressures and pricing power. Companies can use this data to anticipate changes in input costs, adjust their pricing strategies, and plan for future investments. For example, if the data suggests rising inflation, businesses might explore cost-cutting measures, renegotiate supplier contracts, or pass on higher costs to consumers through price adjustments. On the other hand, in a low-inflation environment, businesses might focus on competitive pricing strategies to gain market share. On a broader scale, the CPI with a fixed interest rate on a month-over-month basis contributes to the overall economic narrative by providing a detailed and timely snapshot of the inflationary environment. It complements other economic indicators such as GDP growth, employment rates, and industrial production to paint a comprehensive picture of economic health. Analysts and economists can use this information to develop macroeconomic forecasts, conduct comparative analysis, and generate actionable insights for various stakeholders. Eulerpool, a leading platform for macroeconomic data, offers users access to an extensive range of economic indicators, including the CPI with fixed interest rate MoM. Our commitment to providing accurate, timely, and relevant data ensures that our users are well-equipped to analyze economic trends, make informed decisions, and develop robust strategies in response to evolving market conditions. By leveraging our platform, users can track inflationary trends, understand their implications, and stay ahead in the dynamic and complex world of macroeconomics. In conclusion, the Consumer Price Index with a fixed interest rate on a month-over-month basis is a vital economic measure that isolates the true inflationary trends from interest rate influences. By examining this indicator, government agencies, financial institutions, businesses, and individuals can gain a deeper understanding of inflation dynamics, enabling them to make informed decisions and effectively respond to economic changes. Eulerpool’s comprehensive macroeconomic data services empower users to navigate the economic landscape with precision and confidence, making it an indispensable resource for all those who seek to uncover the underlying forces shaping our economy. Whether you are a policymaker, investor, analyst, or business leader, the CPI with fixed interest rate MoM is a critical tool for interpreting economic conditions and formulating sound strategies.