Consumer price inflation with a fixed interest rate (CPIF) ticked up to 9.4% in February (January: 9.3%). Meanwhile, core inflation accelerated more than expected to 9.3%, the highest level since July 1991. Headline CPIF will likely cool through the remainder of 2023 amid tighter monetary policy but remain well above the Riksbank’s 2.0% target. Currency volatility is a risk.
Sweden Exchange Rate (SEK per EUR, aop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (SEK per EUR, aop) | 9.6 | 10.3 | 10.6 | 10.5 | 10.1 |