Producer prices in Sweden increased 5.6 percent year-on-year in December of 2018, easing from a 7.9 percent rise in the previous month. It was the lowest producer inflation since April, as prices slowed sharply for manufacturing (4.9 percent from 7.2 percent in November) and electricity, gas, steam & air conditioning supply (18.8 percent from 20.6 percent). Also, cost fell for water supply, sewerage, waste management & remediation services (-1.4 percent from 2.7 percent) while prices advanced faster for mining & quarrying (7.4 percent from 5.7 percent). On a monthly basis, producer prices went down 0.6 percent, after showing no growth in November. Producer Prices Change in Sweden averaged 1.83 percent from 1991 until 2018, 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.
Producer Prices Change in Sweden is expected to be 2.30 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 2.50 percent in 2020, according to our econometric models.