Sweden's producer prices decreased by 0.4 percent year-on-year in January of 2020, after a 1.3 percent rise the previous month. It was the first drop in producer prices since September of 2016, as cost fell for mining & quarrying (-0.2 percent vs 1.6 percent in December) and electricity, gas, steam & air conditioning (-16.1 percent vs -5.3 percent). In addition, manufacturing prices slowed (1.0 percent vs 2.0 percent). On the other hand, water supply, sewerage, waste management and remediation services cost rebounded (0.4 percent vs -2.6 percent). On a monthly basis, producer prices declined 1.0 percent after decreasing 0.5 percent in the prior month.
Producer Prices Change in Sweden averaged 1.86 percent from 1991 until 2020, reaching an all time high of 10.81 percent in May of 1995 and a record low of -5.29 percent in April of 2013. This page provides the latest reported value for - Sweden Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Statistics Sweden
Producer Prices Change in Sweden is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Sweden to stand at 2.80 in 12 months time. In the long-term, the Sweden Producer Prices Change is projected to trend around 3.20 percent in 2021, according to our econometric models.