Inflation in Sweden
Sweden - Inflation
CPI and CPIF inflation accelerate in April
The consumer price index (CPI) rose 0.7% in April compared to the previous month, up from 0.2% in March. This was primarily caused by a pike in transport prices. CPI inflation accelerated to 2.1% in April from 1.9% in March. Core CPI inflation, which excludes volatile energy costs, hit 2.0% in April, up from 1.8% in March.
The CPI with a fixed interest rate (CPIF)—a key metric followed by the Central Bank—accelerated to 2.0% in April from 1.8% in March, hitting the mid-point of the Central Bank’s 1.0%–3.0% tolerance band but undershooting the 2.1% inflation rate that the Central Bank had expected. Core CPIF inflation inched up to 1.6% from 1.5%.
FocusEconomics panelists expect CPI inflation to average 1.8% in 2019, which is down 0.1 percentage points from last month’s forecast, and 1.9% in 2020. Our panelists see CPIF inflation averaging 1.8% in 2019 and 1.8% again in 2020.
Sweden - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.1||-0.2||0.0||1.0||1.8|
5 years of economic forecasts for more than 30 economic indicators.
Sweden Inflation Chart
Source: Statistics Sweden.
|Bond Yield||0.21||-4.79 %||May 13|
|Exchange Rate||9.64||-0.20 %||May 13|
|Stock Market||1,574||0.14 %||May 13|
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May 14, 2019
The consumer price index (CPI) rose 0.7% in April compared to the previous month, up from 0.2% in March.
May 7, 2019
According to Statistics Sweden, total industrial production excluding energy fell a seasonally-adjusted 3.3% over the prior month in March, contrasting the revised 0.3% increase logged in February (previously reported: +0.4% month-on-month).
April 25, 2019
The economic tendency indicator rose to 102.7 points in April from March’s revised 101.9 points (previously reported: 101.7).
Sweden: The Riksbank maintains accommodative monetary policy stance in April, signals delayed rate hike and slower tightening
April 25, 2019
At its 25 April monetary policy meeting, the Riksbank left the repo rate unchanged at minus 0.25%, which was in line with market expectations.
April 11, 2019
Consumer prices in Sweden rose 0.2% in March, down from the 0.7% increase logged in January.