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.