Producer prices in Sweden rose 1.2 percent year-on-year in November 2019, up from a 0.9 percent increase in the prior month, as cost went up faster for manufacturing (1.7 percent vs 0.7 percent in October). Meanwhile, prices slowed a bit for mining & quarrying (17 percent vs 19.4 percent) and fell for electricity, gas, steam & air conditioning supply (-1.8 percent vs -1.6 percent) and water supply, sewerage, waste management & remediation services (-4 percent vs -5.1 percent). On a monthly basis, producer prices increased 0.3 percent, after advancing 0.4 percent in the previous month. Producer Prices Change in Sweden averaged 1.87 percent from 1991 until 2019, 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. source: Statistics Sweden
Producer Prices Change in Sweden is expected to be 2.20 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 2.40 in 12 months time. In the long-term, the Sweden Producer Prices Change is projected to trend around 3.20 percent in 2020, according to our econometric models.