Sweden Producer Prices Change

Producer prices in Sweden rose 0.9 percent year-on-year in October 2019, up from a 0.3 percent increase in the prior month, as prices advanced faster for mining & quarrying (19.4 percent vs 16.8 percent in September) and manufacturing (0.7 percent vs 0.3 percent). In contrast, cost continued to decline for electricity, gas, steam & air conditioning supply (-1.6 percent vs -4.1 percent) and water supply, sewerage, waste management & remediation services (-5.1 percent vs -3.3 percent). On a monthly basis, producer prices went up 0.4 percent, after being flat in the previous month.

Producer prices in Sweden went up 0.3 percent year-on-year in September 2019, easing from a 1.4 percent rise in the previous month. It was the lowest producer inflation since September 2016, as cost slowed for both manufacturing (0.3 percent vs 1.3 percent in August) and mining & quarrying (16.8 percent vs 24.3 percent). In addition, prices fell further for electricity, gas, steam & air conditioning supply (-4.1 percent vs -1.7 percent) and water supply, sewerage, waste management & remediation services (-3.3 percent vs -1.3 percent). On a monthly basis, producer prices showed no growth, after decreasing 0.5 percent in August.

Producer prices in Sweden increased 1.4 percent year-on-year in August of 2019, easing from a 2.0 percent rise in the previous month. It was the lowest producer inflation since September of 2016, as manufacturing prices slowed (1.3 percent vs 2.0 percent in July) while electricity, gas, steam & air conditioning supply continued to fall (-1.7 percent vs -1.5 percent). On the other hand, mining & quarrying prices advanced faster (24.3 percent vs 23.9 percent) while water supply, sewerage, waste management & remediation services cost declined at a softer pace (-1.3 percent vs -3.8 percent). On a monthly basis, producer prices dropped 0.5 percent, after a 0.3 percent increase in the prior month.

Producer prices in Sweden increased 2.0 percent year-on-year in July of 2019, easing from a 2.5 percent rise in the previous month. It was the lowest producer inflation since September of 2016, as manufacturing prices slowed (2.0 percent vs 2.8 percent in June) while water supply, sewerage, waste management & remediation services cost continued to fall (-3.8 percent vs -3.2 percent). On the other hand, mining & quarrying prices advanced faster (23.9 percent vs 20.0 percent) while electricity, gas, steam & air conditioning supply cost declined at a softer pace (-1.5 percent vs -5.5 percent). On a monthly basis, producer prices rose 0.3 percent, rebounding from a 0.2 percent drop in the prior month.

Producer prices in Sweden rose 2.5 percent year-on-year in June 2019, slowing from a 3.5 percent gain in the previous month. It was the lowest producer inflation rate since January last year, as manufacturing cost eased (2.8 percent vs 3.1percent in May) while prices fell for electricity, gas, steam & air conditioning supply (-5.5 percent vs 8.3 percent) and water supply, sewerage, waste management & remediation services (-3.2 percent vs -1.4 percent). On the other hand, mining & quarrying cost advanced faster (20.0 percent vs 14.7 percent). On a monthly basis, producer prices dropped 0.2 percent, from a flat reading in the prior month. Also, a weaker Swedish Krona contributed to an increase in prices on the import and export market.

Producer prices in Sweden rose 3.5 percent year-on-year in May 2019, slowing from a 4.9 percent gain in the previous month. It was the lowest producer inflation rate since February last year, as cost eased for manufacturing (3.1 percent vs 4.7 percent in April) and mining & quarrying (14.7 percent vs 18.8 percent). Also, cost of water supply, sewerage, waste management & remediation services dropped (-1.4 percent vs 0.2 percent). Meanwhile, prices of electricity, gas, steam & air conditioning supply increased further (8.3 percent vs 6 percent). On a monthly basis, producer prices were unchanged, after declining 0.7 percent in the prior month. On the import market, an increase in crude oil prices, basic pharmaceutical products and chemicals and chemical products contributed to the upturn. Furthermore, higher prices on motor vehicles, trailers and semi-trailers and on chemicals and chemical products have contributed to the rise of the export price index on a monthly basis.