Inflation in Sweden

Sweden Inflation | Economic News & Forecasts

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

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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