Inflation in Sweden

Sweden Inflation | Economic News & Forecasts

Sweden - Inflation

CPIF softens in July

Consumer prices with a fixed interest rate dropped 0.16% in July over the previous month, swinging from the 1.25% rise logged in June. July's result marked the first drop in prices since January. Looking at the details of the release, the reading was primarily driven by falling prices for housing, water, electricity, gas and other fuels. In addition, price pressures for transportation decreased at a quicker pace.

CPIF inflation moderated to 8.0% in July, which was down from June’s 8.5%. Still, the trend pointed up, with annual average inflation coming in at 5.1% in July (June: 4.5%).

FocusEconomics Consensus Forecast panelists see CPIF inflation averaging 6.1% in 2022, which is up 0.2 percentage points from last month’s forecast, and 2.9% 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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