Inflation in Sweden

Sweden Inflation (eop) | Economic News & Forecasts

Sweden - Inflation (end of period)

CPIF softens in October

Consumer price inflation with a fixed interest rate decelerated to 9.3% in October, down from September’s 9.7%. Looking at the details of the release, the moderation was largely driven by softer growth in prices for housing, water, electricity, gas and other fuels. This more than offset prices for food and non-alcoholic beverages, and for transport growing at brisker paces.

Still, the trend pointed up; annual average inflation rose to 6.7% in October (September: 6.2%). Meanwhile, consumer price inflation rose to 10.9% in October, from September’s 10.8%.

Finally, consumer prices with a fixed interest rate dropped 0.12% over the previous month in October, swinging from the 1.14% increase logged in September. October's result marked the sharpest fall in prices since July.

FocusEconomics Consensus Forecast panelists see CPIF inflation averaging 4.8% in 2023, which is up 0.3 percentage points from last month’s forecast, and 1.8% in 2024.

Sweden - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)0.1  1.7  1.7  2.0  1.8  

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Sweden Inflation (eop) 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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