Inflation in Sweden
Sweden - Inflation
CPIF comes in at highest level in over three decades in June
Consumer prices with a fixed interest rate rose 1.25% from the previous month in June, accelerating from the 0.97% rise seen in May. Looking at the details of the release, the reading was primarily due to rising prices for housing, water, electricity, gas and other fuels. In addition, price pressures for transportation also accelerated.
CPIF inflation rose to 8.5% in June, above May’s 7.2%. June's reading marked the highest inflation rate since July 1991. Consequently, the trend pointed up, with annual average inflation coming in at 4.5% in June (May: 4.0%).
FocusEconomics Consensus Forecast panelists see CPIF inflation averaging 5.9% in 2022, which is up 0.4 percentage points from last month’s forecast, and 2.8% in 2023.
Sweden - Inflation Data
|Inflation Rate (CPI, annual variation in %)||0.0||1.0||1.8||2.0||1.8|
5 years of economic forecasts for more than 30 economic indicators.
Sweden Inflation Chart
Source: Statistics Sweden.
|Bond Yield||0.15||-4.79 %||Jan 01|
|Exchange Rate||9.36||-0.20 %||Jan 01|
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August 10, 2022
Industrial output increased 1.3% in month-on-month seasonally-adjusted terms in June, which followed May's 0.9% increase.
July 28, 2022
The economic tendency indicator (ETI) came in at 101.3 in July, down from June's 105.7.
July 28, 2022
The economy rebounded strongly in the second quarter of 2022, with GDP expanding 1.4% in seasonally-adjusted quarter-on-quarter terms, according to preliminary figures released by Statistics Sweden.
July 14, 2022
Consumer prices with a fixed interest rate rose 1.25% from the previous month in June, accelerating from the 0.97% rise seen in May.
July 6, 2022
Industrial production expanded 0.7% month-on-month in seasonally-adjusted terms in May (April: -1.5% mom).