Inflation in Sweden

Sweden Inflation | Economic News & Forecasts

Sweden - Inflation

CPI and CPIF inflation slow in July

The consumer price index (CPI) increased 0.4% in July compared to the previous month, contrasting the 0.1% decrease in June. The increase was driven by higher prices for food and non-alcoholic beverages, package holidays and transport. CPI inflation slowed to 1.7% in July, down from 1.8% in June. Core CPI inflation, which excludes volatile energy costs, slowed to 1.5% from 1.7%.

CPIF inflation—which is inflation based on a fixed investment rate and is closely followed by the Central Bank—moderated to 1.5% in July from 1.7% in June, hitting the mid-point of the Central Bank’s 1.0%–3.0% tolerance band. Core CPIF inflation, which excludes energy prices, decelerated to 1.7% from to 1.9%.

FocusEconomics panelists expect CPI inflation to average 1.9% in 2019, which is up 0.1 percentage points from last month’s forecast, and 1.8% in 2020. Our panelists see CPIF inflation averaging 1.8% in both 2019 and 2020.

Sweden - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)-0.1  -0.2  0.0  1.0  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

Bond Yield-0.32-4.79 %Sep 04
Exchange Rate9.73-0.20 %Sep 04
Stock Market1,5810.14 %Sep 04

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