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Sweden Inflation April 2021

Sweden: Inflation hits 31-month high in April

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%).

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