The annual inflation rate in Sweden edged down to 10.5% in April 2023 from 10.6% in the previous month and below market forecasts of 10.7%. It was the softest increase in consumer prices since August 2022, due mainly to lower inflation for food & non-alcoholic beverages (16.9% vs 19.7% in March) and furnishings & household goods (11.9% vs 12.9%). In contrast, costs primarily accelerated for transport (3.9% vs 3%), housing & utilities (17.4% vs 16.4%) and recreation & culture (8.6% vs 7%). On a monthly basis, the CPI went up 0.5%, slightly down from a 0.6% increase in March and below market estimates of a 0.7% rise. source: Statistics Sweden

Inflation Rate in Sweden averaged 3.54 percent from 1980 until 2023, reaching an all time high of 15.50 percent in October of 1980 and a record low of -1.60 percent in September of 2009. This page provides - Sweden Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Inflation Rate in Sweden is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Inflation Rate is projected to trend around 2.50 percent in 2024 and 1.80 percent in 2025, according to our econometric models.

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Sweden Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-04-14 06:00 AM Mar 10.6% 12% 11.1% 10.8%
2023-05-15 06:00 AM Apr 10.5% 10.6% 10.7% 10.4%
2023-06-14 06:00 AM May 10.5% 9.9%


Related Last Previous Unit Reference
Inflation Rate 10.50 10.60 percent Apr 2023
Inflation Rate MoM 0.50 0.60 percent Apr 2023
Harmonised Consumer Prices 125.82 125.57 points Apr 2023
Consumer Price Index CPI 399.93 398.08 points Apr 2023
Core Consumer Prices 255.45 254.95 points Apr 2023
Core Inflation Rate 7.60 8.00 percent Apr 2023
Producer Prices 133.10 134.40 points Apr 2023
Producer Prices Change 1.30 3.50 percent Apr 2023
Export Prices 136.40 136.90 points Apr 2023
Import Prices 140.40 140.00 points Apr 2023
Food Inflation 16.86 19.65 percent Apr 2023
CPI Transportation 554.61 545.15 points Apr 2023
CPI Housing Utilities 534.79 531.11 points Apr 2023

Sweden Inflation Rate
In Sweden, the most important categories in the Consumer Price Index is Housing & Utilities (24% of the total weight). Food & Non-alcoholic Beverages account for 14%; Transport for 13%; Recreation & Culture for 13%; Miscellaneous Goods & Services for 8%; and Furniture, Household Goods & Maintenance (7%). Others also includes: Restaurant & Hotels (6%), Clothing & Footwear (4%), Alcoholic Beverages & Tobacco (4%), Health (4%), Communications (3%), and Education (0.30%).
Actual Previous Highest Lowest Dates Unit Frequency
10.50 10.60 15.50 -1.60 1980 - 2023 percent Monthly

News Stream
Swedish Inflation Rate Edges Down to 10.5%
The annual inflation rate in Sweden edged down to 10.5% in April 2023 from 10.6% in the previous month and below market forecasts of 10.7%. It was the softest increase in consumer prices since August 2022, due mainly to lower inflation for food & non-alcoholic beverages (16.9% vs 19.7% in March) and furnishings & household goods (11.9% vs 12.9%). In contrast, costs primarily accelerated for transport (3.9% vs 3%), housing & utilities (17.4% vs 16.4%) and recreation & culture (8.6% vs 7%). On a monthly basis, the CPI went up 0.5%, slightly down from a 0.6% increase in March and below market estimates of a 0.7% rise.
2023-05-15
Swedish Inflation Rate Lowest in 7 Months
The annual inflation rate in Sweden eased to 10.6% in March 2023 from 12% in the previous month and below expectations of 11.1%. It was the lowest reading since August 2022, as prices slowed for most sub-indexes, mainly food & non-alcoholic beverages (19.7% vs 21%), housing & utilities (16.4% vs 18.4% in February), and transport (3% vs 5.8%). Also, inflation was lower in furnishings & household goods (12.9% vs 13.2%), recreation & culture (7% vs 8.3%), and miscellaneous goods & services (6.9% vs 7.4%). On a monthly basis, consumer prices rose 0.6%, down from a 1.1% jump in February and below market estimates of a 1% gain.
2023-04-14
Swedish Inflation Rate Remains Elevated
The annual inflation rate in Sweden soared to 12% in February 2023, getting closer to a 32-year high of 12.3% hit in December and above market estimates, and January’s 11.7% rise. Main upward pressures came from food & non-alcoholic beverages (21% vs 19.6% in January), amid higher prices of milk, cheese, eggs and vegetables; and housing & utilities (18.4% vs 18.3%), due to increase in household mortgage interest and electricity prices. In addition, costs accelerated for recreation & culture (8.3% vs 7.9%), clothing & footwear (8.9% vs 7.4%) and furnishings & household goods (13.2% vs 12.9%). On a monthly basis, consumer prices advanced 1.1%, reversing a 1.1% drop in January and above market forecasts of a 0.9% gain.
2023-03-15