Inflation in Sweden
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
|Inflation Rate (CPI, annual variation in %)||0.0||1.0||1.8||2.0||1.8|
5 years of economic forecasts for more than 30 economic indicators.
Sweden Inflation Chart
Source: Statistics Sweden.
|Bond Yield||0.15||-4.79 %||Jan 01|
|Exchange Rate||9.36||-0.20 %||Jan 01|
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August 30, 2022
The economic tendency indicator (ETI) came in at 97.5 in August, down from July's 101.4.
August 12, 2022
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.
August 10, 2022
Industrial output increased 1.3% in month-on-month seasonally-adjusted terms in June, which followed May's 0.9% increase.
July 28, 2022
The economic tendency indicator (ETI) came in at 101.3 in July, down from June's 105.7.
July 28, 2022
The economy rebounded strongly in the second quarter of 2022, with GDP expanding 1.4% in seasonally-adjusted quarter-on-quarter terms, according to preliminary figures released by Statistics Sweden.