Consumer prices in Sweden decreased 0.4 percent year-on-year in April of 2020, after a 0.6 percent rise in the previous month and compared to market expectations of a flat reading. It was the first decline in consumer prices since August of 2015, as cost fell for housing & utilities (-1.2 percent vs -0.6 percent in March); transport (-2.7 percent vs 2.1 percent); recreation & culture (-1.6 percent vs -0.8 percent) and communication (-7.5 percent vs -5.2 percent). On the other hand, prices advanced faster for food & non-alcoholic beverages (3.5 percent vs 2.5 percent) and furniture & household equipment (1.8 percent vs 0.4 percent). Consumer prices, measured with a fixed interest rate (CPIF), were down 0.4 percent year-on-year, following a 0.6 percent rise in March. It was the first drop in CPIF since March of 2014.

Inflation Rate in Sweden averaged 3.44 percent from 1980 until 2020, 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. This page provides - Sweden Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Statistics Sweden

Inflation Rate in Sweden is expected to be -0.80 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 0.80 in 12 months time. In the long-term, the Sweden Inflation Rate is projected to trend around 1.20 percent in 2021 and 1.40 percent in 2022, according to our econometric models.

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Sweden Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 0.60 15.50 -1.60 1980 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-19 08:30 AM Jan 1.3% 1.8% 1.7% 1.5%
2020-03-12 08:30 AM Feb 1% 1.3% 1.3% 1.4%
2020-04-15 07:30 AM Mar 0.6% 1% 0.6% 0.6%
2020-05-13 07:30 AM Apr -0.4% 0.6% 0% -0.2%
2020-06-11 07:30 AM May -0.4%
2020-07-14 07:30 AM Jun -0.8%
2020-08-12 07:30 AM Jul
2020-09-10 07:30 AM Aug


News Stream
Sweden Consumer Prices Fall for 1st Time Since 2015
Consumer prices in Sweden decreased 0.4 percent year-on-year in April of 2020, after a 0.6 percent rise in the previous month and compared to market expectations of a flat reading. It was the first decline in consumer prices since August of 2015, as cost fell for housing & utilities (-1.2 percent vs -0.6 percent in March); transport (-2.7 percent vs 2.1 percent); recreation & culture (-1.6 percent vs -0.8 percent) and communication (-7.5 percent vs -5.2 percent). On the other hand, prices advanced faster for food & non-alcoholic beverages (3.5 percent vs 2.5 percent) and furniture & household equipment (1.8 percent vs 0.4 percent). Consumer prices, measured with a fixed interest rate (CPIF), were down 0.4 percent year-on-year, following a 0.6 percent rise in March. It was the first drop in CPIF since March of 2014.
2020-05-13
Swedish Inflation Rate Falls to Near 5-Year Low
The annual inflation rate in Sweden fell to 0.6 percent in March of 2020 from 1 percent in the previous month, the lowest rate since May 2016 and in line with market expectations. On a monthly basis, consumer prices went down 0.2 percent, after a 0.5 percent gain in February and compared to forecasts of a 0.3 percent fall. Consumer prices, measured with a fixed interest rate (CPIF), were up 0.6 percent year-on-year, easing from a 1 percent rise in February and the least in more than four years.
2020-04-15
Swedish Inflation Rate Falls to 3-1/2-Year Low
Sweden's consumer price inflation fell to 1.0 percent year-on-year in February 2020, the lowest rate since September 2016 and below market expectations of 1.3 percent. Transport prices rose at a softer pace (3.7 percent vs 5.0 percent), restaurants & hotels (2.8 percent vs 3.3 percent) and miscellaneous goods & services (2.0 percent vs 2.2 percent). Also housing & utilities costs fell 0.6 percent, compared to a 0.3 percent decline in the previous month. Meanwhile, upward pressure came from food & non-alcoholic beverages (2.5 percent vs 2.4 percent) and recreation & culture (0.6 percent vs -0.2 percent). Consumer prices, measured with a fixed interest rate (CPIF), were up 1.0 percent, the least in more than four years.
2020-03-12
Sweden Inflation Rate at Near 3-Year Low of 1.3%
Annual inflation rate in Sweden fell to 1.3 percent in January 2020 from 1.8 percent in December, well below market expectations of 1.7 percent. It was the lowest inflation since March 2017, as cost slowed for food & non-alcoholic beverages (2.4 percent from 2.5 percent in December); miscellaneous goods & services (2.2 percent from 2.5 percent); furniture & household equipment (1.1 percent from 1.8 percent); alcoholic beverages & tobacco (1.8 percent from 1.9 percent) and health (2.7 percent from 2.9 percent). In addition, prices dropped for housing & utilities (-0.3 percent from 1.6 percent); recreation & culture (-0.2 percent, the same as in December); clothing & footwear (-1.8 percent from -1.5 percent) and communication (-6.3 percent from -4.7 percent). The CPIF (consumer price index measured with a fixed interest rate declined to 1.2 percent year-on-year in December.
2020-02-19

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.