Sweden's producer prices declined 3 percent year-on-year in April of 2020, following a 3.6 percent fall in the previous month. It was the fourth consecutive month of declines in producer prices. Cost dropped at a softer pace for manufacturing (-1.3 percent vs -2.4 percent), water supply, sewerage, waste management and remediation services (-2.8 percent vs -3.3 percent) and mining & quarrying (-6 percent vs -10.5 percent) while prices fell faster for electricity, gas, steam & air conditioning supply (-21.8 percent vs -16.3 percent). On a monthly basis, producer prices showed no growth, after a 1.2 percent decrease in March.
Producer Prices Change in Sweden averaged 1.83 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. Sweden Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Statistics Sweden
Producer Prices Change in Sweden is expected to be -4.20 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 0.30 in 12 months time. In the long-term, the Sweden Producer Prices Change is projected to trend around 1.40 percent in 2021 and 1.70 percent in 2022, according to our econometric models.