Sweden Inflation April 2021


Sweden: Inflation hits 31-month high in April

May 12, 2021

Consumer prices with a fixed interest rate (CPIF) increased 0.27% over the previous month in April, accelerating from March's 0.17% increase. The acceleration was largely due to a less pronounced fall prices for housing and utilities.

CPIF inflation came in at 2.5% in April, up from March’s 1.9%. April's reading marked the highest inflation rate since September 2018. Meanwhile, the trend pointed up mildly, with annual average inflation coming in at 0.9% in April (March: 0.7%).

FocusEconomics Consensus Forecast panelists see CPIF inflation averaging 1.5% in 2021, which is up 0.1 percentage points from last month’s forecast, and 1.3% in 2022.

Author:, Economist

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Sweden Inflation Chart

Sweden Inflation April 2021 0

Note: Year-on-year and month-on-month variation of consumer price index with a fixed interest rate (CPIF) in %.
Source: Statistics Sweden (SCB).

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