The skyline in Sweden

Sweden Inflation August 2022

Sweden: CPIF soars to over three-decade high in August

Consumer price with a fixed interest rate inflation jumped to 9.0% in August, up from July’s 8.0%. August’s result represented the highest inflation rate since July 1991. Looking at the details of the release, food and non-alcoholic beverages prices rose at a quicker pace in August compared to the previous month, which wasn’t enough to offset easing price pressures for transportation.

Consequently, annual average inflation rose to 5.6% in August (July: 5.1%). Meanwhile, consumer price inflation rose to 9.8% in August, from the previous month’s 8.5%.

Finally, consumer prices with a fixed interest rate rose 1.47% from the previous month in August, contrasting July’s 0.16% drop. August’s result marked the highest reading since March.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest