Inflation in Sweden

Sweden Inflation | Economic News & Forecasts

Sweden - Inflation

Inflation hits near 28-year high in November

Consumer prices with a fixed interest rate rose 0.48% over the previous month in November, picking up from October's 0.23% increase. The pick-up was primarily due to rising prices for housing, water, electricity, gas and other fuels.

CPIF inflation in annual terms rose to 3.6% in November, following October’s 3.1% reading. November's print was the highest inflation rate since December 1993. As such, the trend pointed up mildly, with annual average inflation rising to 2.1% in November (October: 1.8%).

FocusEconomics Consensus Forecast panelists see CPIF inflation averaging 2.3% in 2022, which is up 0.4 percentage points from last month’s forecast, and 1.7% 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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