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.


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Sweden Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.80 15.50 -1.60 1980 - 2019 percent Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-10-10 07:30 AM Sep 1.5% 1.4% 1.3% 1.4%
2019-11-13 08:30 AM Oct 1.6% 1.5% 1.6% 1.8%
2019-12-11 08:30 AM Nov 1.8% 1.6% 1.7% 1.8%
2020-01-15 08:30 AM Dec 1.8% 1.8% 1.8% 1.7%
2020-02-19 08:30 AM Jan 1.8% 1.5%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-12-11
Sweden Inflation Rate Picks Up to 5-Month High
Sweden's annual inflation rate increased to 1.8 percent in November 2019 from 1.6 percent in the previous month and above market expectations of 1.7 percent. It was the highest inflation since June, as cost rose faster for food & non-alcoholic beverages (3.2 percent from 2.7 percent in October); miscellaneous goods & services (2.9 percent from 2.7 percent); furniture & household equipment (1.8 percent from 0.9 percent) and health (2.7 percent from 1.6 percent). Meantime, inflation was steady for housing & utilities (at 2.1 percent) and alcoholic beverages & tobacco (at 1.9 percent). On the other hand, prices slowed for transport (2.6 percent from 3.4 percent); restaurant & hotels (2.9 percent from 3.0 percent). The CPIF (consumer price index measured with a fixed interest rate) rose 1.7% year-on-year in November, following a 1.5% gain in October. On a monthly basis, both indexes edged up 0.1 percent.

2019-11-13
Sweden Inflation Rate Rises to 3-Month High of 1.6%
Sweden's annual inflation rate increased to 1.6% in October 2019 from 1.5% in the previous month and in line with market expectations. It was the highest inflation since July, as cost advanced faster for transport (2.6% from 2.1% in September); restaurant & hotels (3.0% from 2.9%) and health (1.6% from 0.7%). In addition, prices rebounded for recreation & culture (0.5% from -0.2%) while inflation was steady for food & non-alcoholic beverages (at 2.7%) and alcoholic beverages & tobacco (at 1.9%). On the other hand, prices slowed for housing & utilities (2.1% from 2.2% in September); miscellaneous goods & services (2.7% from 3.0%) and furniture & household equipment (0.9% from 1.3%). The CPIF (consumer price index measured with a fixed interest rate) rose 1.5% year-on-year in October, following a 1.3% gain in September. On a monthly basis, both indexes were flat.

2019-10-10
Swedish Inflation Rate Rises to 1.5% in September
Sweden's annual inflation rate rose to 1.5 percent in September of 2019, following a 1.4 percent in the previous month and slightly above market expectations of a 1.3 percent. Inflation was steady for housing & utilities (at 2.2 percent) and alcoholic beverages & tobacco (at 1.9 percent) while prices advanced faster for restaurants & hotels (2.9 percent vs 2.3 percent); miscellaneous goods & services (3.0 percent vs 2.6 percent) and furniture & household equipment (1.3 percent vs 0.3 percent). On the other hand, prices slowed for food & non-alcoholic beverages (2.7 percent vs 3.3 percent in August) and transport (2.1 percent vs 2.5 percent) while recreation & culture cost dropped (-0.2 percent vs 0.6 percent). The CPIF (consumer price index measured with a fixed interest rate) went up 1.3 percent year-on-year in September, the same as in August. On a monthly basis, both indexes rose 0.5 percent.

2019-09-10
Sweden Inflation Rate Falls to Nearly 2-1/2-Year Low
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.

2019-08-14
Swedish Inflation Rate Eases to Over 1-Year Low
Annual inflation rate in Sweden edged down to 1.7% in July 2019 from 1.8% in the previous month but above market expectations of 1.5%. It was the lowest inflation rate since April 2018, as prices slowed for transport (2.5% vs 2.8% in June); recreation & culture (0.2% vs 0.6%); furniture & household equipment (1.5% vs 2.4%) while health cost decreased (-2.2% vs 2.1%). On the other hand, inflation was steady for housing & utilities (at 2.4%) and alcoholic beverages & tobacco (at 1.9%) while prices advanced faster for food & non-alcoholic beverages (3.8% vs 3.0%); restaurants & hotels (3.2% vs 3.1%) and miscellaneous goods & services (2.4% vs 2.3%). The CPIF inflation, measured with a fixed interest rate, decreased to 1.5% from 1.7% in the previous month. On a monthly basis, consumer prices rose 0.4%, rebounding from a 0.1% drop in June.

2019-07-11
Swedish Inflation Rate Eases to Over 1-Year Low
Annual inflation rate in Sweden fell to 1.8 percent in June 2019 from 2.2 percent in the previous month and slightly below market expectations of 1.9 percent. It was the lowest inflation rate since April 2018, as prices slowed for housing & utilities (2.4 percent vs 4.1 percent in May) and transport (2.8 percent vs 3.6 percent) while cost continued to decline for clothing & footwear (-0.9 percent vs -0.2 percent) and communication (-8.1 percent vs -7.1 percent). On the other hand, prices advanced faster for food & non-alcoholic beverages (3.0 percent vs 2.1 percent); recreation & culture (0.6 percent vs 0.1 percent) and for miscellaneous goods & services (2.3 percent vs 2.2 percent) while inflation was steady for restaurants & hotels (at 3.1 percent). The CPIF inflation, measured with a fixed interest rate, decreased to 1.7 percent from 2.1 percent in May. On a monthly basis, consumer prices dropped 0.1 percent, after a 0.3 percent gain in the prior month.


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.

Sweden Prices Last Previous Highest Lowest Unit
Inflation Rate 1.80 1.80 15.50 -1.60 percent [+]
Inflation Rate Mom 0.40 0.10 3.36 -1.34 percent [+]
Consumer Price Index CPI 337.68 336.36 337.68 27.70 points [+]
Harmonised Consumer Prices 108.14 107.67 108.14 74.35 points [+]
Core Consumer Prices 220.97 220.10 220.97 98.21 points [+]
Core Inflation Rate 1.70 1.70 12.70 -0.03 percent [+]
Producer Prices 114.90 114.50 115.30 67.00 points [+]
Producer Prices Change 1.20 0.90 10.81 -5.29 percent [+]
Export Prices 116.20 116.30 127.30 77.10 points [+]
Import Prices 115.80 115.40 128.20 63.60 points [+]
Food Inflation 2.50 3.20 16.13 -7.74 percent [+]
Inflation Expectations 3.20 3.40 7.80 0.00 percent [+]
CPI Housing Utilities 416.33 417.43 417.43 95.36 points [+]
CPI Transportation 467.31 457.24 468.15 94.60 points [+]