Sweden's annual inflation rate jumped to 1.6 percent in January of 2021 from 0.5 percent in the previous month, above market expectations of 1.5 percent. It was the highest inflation rate since December 2018, mainly due to rising housing costs and food prices. Consumer prices, measured with a fixed interest rate, rose 1.7 percent year-on-year in January, approaching the central bank's target of 2 percent. On a monthly basis, the CPI fell 0.4 percent and the CPIF went down 0.3 percent, both in line with market consensus. source: Statistics Sweden
Inflation Rate in Sweden averaged 3.39 percent from 1980 until 2021, 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 February of 2021.
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 1.20 in 12 months time. In the long-term, the Sweden Inflation Rate is projected to trend around 1.40 percent in 2022, according to our econometric models.