Sweden's annual inflation rate was at 1.8 percent in December 2019, unchanged from the previous month and matching market forecasts. It remained the highest inflation rate since June, as prices increase further for transport (4.4 percent from 3.4 percent in November); and health (2.9 percent from 2.7 percent). Meanwhile, prices eased for food & non-alcoholic beverages (2.5 percent from 3.2 percent); housing & utilities (1.6 percent from 2.1 percent); and miscellaneous goods & services (2.5 percent from 2.9 percent). Additionally, inflation was steady for furniture & household equipment (at 1.8 percent); restaurant & hotels (at 2.9 percent); and alcoholic beverages & tobacco (at 1.9 percent). The CPIF (consumer price index measured with a fixed interest rate) stood at 1.7 percent year-on-year in December. On a monthly basis, both indexes rose 0.4 percent. Inflation Rate in Sweden averaged 3.47 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. source: Statistics Sweden
Inflation Rate in Sweden is expected to be 1.50 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 1.60 in 12 months time. In the long-term, the Sweden Inflation Rate is projected to trend around 1.80 percent in 2020, according to our econometric models.