The annual inflation rate in Sweden declined to 1.4 percent in August 2019 from 1.7 percent in July and below market expectations of 1.7 percent. It was the lowest inflation rate since March 2017, as prices eased for food & non-alcoholic beverages (3.3% vs 3.8% in July); housing & utilities (2.2% vs 2.4%); restaurants & hotels (2.3% vs 3.2%) and furniture & household equipment (0.3% vs 1.5%). Also, cost went down further for clothing & footwear (-1.4% vs -0.5%) and communication (-8.3% vs -8%). Meanwhile, inflation was steady for transport (at 2.5%) and alcoholic beverages & tobacco (at 1.9%). The CPIF inflation, measured with a fixed interest rate, decreased to 1.3%, its lowest since September 2016, from 1.5% in the prior month. On a monthly basis, consumer prices declined 0.4 percent, after a 0.4 percent gain in July. Inflation Rate in Sweden averaged 3.48 percent from 1980 until 2019, reaching an all time high of 15.50 percent in October of 1980 and a record low of -1.60 percent in September of 2009.

Inflation Rate in Sweden is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Sweden to stand at 2.40 in 12 months time. In the long-term, the Sweden Inflation Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Sweden Inflation Rate
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Forecast Data Chart
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Sweden Prices Last Previous Highest Lowest Unit
Inflation Rate 1.40 1.70 15.50 -1.60 percent [+]
Inflation Rate Mom -0.40 0.40 3.36 -1.34 percent [+]
Consumer Price Index CPI 334.39 335.80 335.80 27.70 Index Points [+]
Harmonised Consumer Prices 106.91 107.45 107.45 74.35 Index Points [+]
Core Consumer Prices 218.68 219.56 219.56 98.21 Index Points [+]
Core Inflation Rate 1.30 1.50 12.70 -0.03 percent [+]
Producer Prices 114.70 114.30 115.30 67.00 Index Points [+]
Producer Prices Change 2.00 2.50 10.81 -5.29 percent [+]
Export Prices 116.60 116.90 127.30 77.10 Index Points [+]
Import Prices 115.20 116.30 128.20 63.60 Index Points [+]
Food Inflation 3.30 3.80 16.13 -7.74 percent [+]
Inflation Expectations 3.30 3.30 7.80 0.00 percent [+]
CPI Housing Utilities 414.91 413.92 415.07 95.36 Index Points [+]
CPI Transportation 459.77 468.15 468.15 94.60 Index Points [+]


Sweden Inflation Rate

In Sweden, the most important category in the consumer price index is Housing and Utilities (23 percent of total weight). Food and Non-Alcoholic Beverages accounts for 14 percent; Transport for 14 percent; Recreation and Culture for 12 percent; Restaurants and Hotels for 7 percent and Miscellaneous Goods and Services for 7 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 22.5 percent of total weight. This page provides - Sweden Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.70 15.50 -1.60 1980 - 2019 percent Monthly




Country Last Previous
Argentina 53.60 Aug/19
Australia 1.60 Jun/19
Brazil 3.43 Aug/19
Canada 1.90 Aug/19
China 2.80 Aug/19
Euro Area 1.00 Aug/19
France 1.00 Aug/19
Germany 1.40 Aug/19
India 3.21 Aug/19
Indonesia 3.49 Aug/19
Italy 0.40 Aug/19
Japan 0.30 Aug/19
Mexico 3.16 Aug/19
Netherlands 2.80 Aug/19
Russia 4.30 Aug/19
Saudi Arabia -1.30 Jul/19
Singapore 0.40 Jul/19
South Africa 4.30 Aug/19
South Korea 0.00 Aug/19
Spain 0.30 Aug/19
Switzerland 0.30 Aug/19
Turkey 15.01 Aug/19
United Kingdom 1.70 Aug/19
United States 1.70 Aug/19


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