Inflation in Sweden

Sweden Inflation | Economic News & Forecasts

Sweden - Inflation

Inflation comes in at highest level in 13 years in October

Consumer prices with a fixed interest rate increased 0.23% in October over the previous month, moderating from September's 0.53% rise. Looking at the details of the release, falling prices for housing and electricity led to the lower result, tempered by rebounding transport costs.

CPIF inflation in annual terms increased to 3.1% in October, following September’s 2.8% print. October's reading was the highest inflation rate since September 2008. As such, the trend pointed up mildly, with annual average inflation edging up to 1.8% in October (September: 1.6%).

FocusEconomics Consensus Forecast panelists see CPIF inflation averaging 1.9% in 2022, which is up 0.2 percentage points from last month’s forecast, and 1.7% in 2023.

Sweden - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.0  1.0  1.8  2.0  1.8  

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Sweden Inflation Chart


Sweden Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Statistics Sweden.

Sweden Facts

Value Change Date
Bond Yield0.15-4.79 %Jan 01
Exchange Rate9.36-0.20 %Jan 01

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