The annual inflation rate in Sweden edged down to 10.5% in April 2023 from 10.6% in the previous month and below market forecasts of 10.7%. It was the softest increase in consumer prices since August 2022, due mainly to lower inflation for food & non-alcoholic beverages (16.9% vs 19.7% in March) and furnishings & household goods (11.9% vs 12.9%). In contrast, costs primarily accelerated for transport (3.9% vs 3%), housing & utilities (17.4% vs 16.4%) and recreation & culture (8.6% vs 7%). On a monthly basis, the CPI went up 0.5%, slightly down from a 0.6% increase in March and below market estimates of a 0.7% rise. source: Statistics Sweden
Inflation Rate in Sweden averaged 3.54 percent from 1980 until 2023, 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 June of 2023.
Inflation Rate in Sweden is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Inflation Rate is projected to trend around 2.50 percent in 2024 and 1.80 percent in 2025, according to our econometric models.