Consumer price inflation with a fixed interest rate (CPIF) slowed more than expected to a three-month low of 9.3% in January (December: 10.2%). Conversely, core inflation soared to 8.7%, the highest level since November 1991. Price pressures should gradually moderate further this year but will remain well above the Riksbank’s 2.0% target. Currency volatility is a risk.
Sweden Exchange Rate (SEK per EUR, eop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (SEK per EUR, eop) | 9.8 | 10.1 | 10.5 | 10.0 | 10.3 |