Producer prices in Sweden jumped 3.8 percent year-on-year in March of 2021, accelerating from a 1.3 percent rise in the previous month. It was the highest producer inflation since April 2019, led by higher prices on chemicals and chemical products. On a monthly basis, producer prices went up 1.1 percent, extending a 1.5 percent gain in February, as prices increased by 0.7 percent on the domestic market and by 1.5 percent on the export market. On the domestic market, main upward pressure came from waste and waste collection services, wood and products of wood, chemicals and chemical products, basic metals, fabricated metal products, (except machinery and equipment) and pulp, paper and paperboard. This upturn was somewhat offset by lower prices on trade services of electricity and steam and air conditioning supply services. source: Statistics Sweden
Producer Prices Change in Sweden averaged 1.69 percent from 1991 until 2021, 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. Sweden Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Producer Prices Change in Sweden is expected to be 1.00 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 2.20 in 12 months time. In the long-term, the Sweden Producer Prices Change is projected to trend around 1.70 percent in 2022, according to our econometric models.