Sweden’s annual inflation rate eased to 1.3 percent in June of 2021, from 1.8 percent in the previous month, as expected. It was the slowest increase in consumer prices since December of 2020, amid easing pressure from prices of housing & utilities (2.6 percent vs 3.0 percent in May); transports (5.0 percent vs 7.0 percent); and clothing & footwear (3.7 percent vs 6.1 percent). Meanwhile, prices continued to decline in food & non-alcoholic beverages (-0.3 percent vs -1.0 percent); health (-1.6 percent vs -1.8 percent); communication (-2.5 percent vs -2.8 percent); and recreation & culture (-1.8 percent vs -0.4 percent). On a monthly basis, consumer prices inched up 0.1 percent, easing from a 0.2 percent increase and also in line with market forecasts. source: Statistics Sweden

Inflation Rate in Sweden averaged 3.37 percent from 1980 until 2021, 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 July of 2021.

Inflation Rate in Sweden is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Sweden to stand at 1.20 in 12 months time. In the long-term, the Sweden Inflation Rate is projected to trend around 1.00 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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Sweden Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.80 15.50 -1.60 1980 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-14 07:30 AM Mar 1.7% 1.4% 1.7% 1.7%
2021-05-12 07:30 AM Apr 2.2% 1.7% 2.2% 2.3%
2021-06-10 07:30 AM May 1.8% 2.2% 2% 2.1%
2021-07-14 07:30 AM Jun 1.3% 1.8% 1.3% 1.5%
2021-08-13 07:30 AM Jul 1.3% 1.3%
2021-09-14 07:30 AM Aug
2021-10-14 07:30 AM Sep
2021-11-15 08:30 AM Oct


News Stream
Sweden Inflation Rate at 6-Month Low
Sweden’s annual inflation rate eased to 1.3 percent in June of 2021, from 1.8 percent in the previous month, as expected. It was the slowest increase in consumer prices since December of 2020, amid easing pressure from prices of housing & utilities (2.6 percent vs 3.0 percent in May); transports (5.0 percent vs 7.0 percent); and clothing & footwear (3.7 percent vs 6.1 percent). Meanwhile, prices continued to decline in food & non-alcoholic beverages (-0.3 percent vs -1.0 percent); health (-1.6 percent vs -1.8 percent); communication (-2.5 percent vs -2.8 percent); and recreation & culture (-1.8 percent vs -0.4 percent). On a monthly basis, consumer prices inched up 0.1 percent, easing from a 0.2 percent increase and also in line with market forecasts.
2021-07-14
Sweden Inflation Rate Slows More than Expected
Consumer prices in Sweden went up 1.8 percent in May of 2021, slowing from a 2.2 percent increase in the previous month and below market expectations of a 2 percent rise. Main upward pressure came from prices of housing & utilities (3.0 percent vs 2.9 percent in April); transports (7.0 percent vs 6.5 percent); and clothing & footwear (6.1 percent vs 7.2 percent). Meanwhile, prices declined further in food & non-alcoholic beverages (-1.0 percent vs -0.5 percent); health (-1.8 percent vs -0.5 percent); and communication (-2.8 percent vs -1.7 percent). On a monthly basis, consumer prices advanced 0.2 percent in May, the same as in the previous month and also slower than market forecasts of a 0.4 percent gain.
2021-06-10
Sweden Inflation Rate at Near 2-Year High
Sweden's annual consumer price inflation rate rose to 2.2 percent in April of 2021, from 1.7 percent in the previous month and in line with market expectations. It was the fastest increase in consumer prices since May of 2019, partly due to baseline effects from last year when the coronavirus pandemic hit the economies hard. Prices advanced further for housing & utilities (2.9 percent vs 2.7 percent in March); transports (6.5 percent vs 4.9 percent); recreation & culture (1.7 percent vs 0.7 percent); miscellaneous goods & services (2.2 percent vs 2.1 percent); restaurants & hotels (2.0 percent vs 0.5 percent); and clothing & footwear (7.2 percent vs 4.4 percent). On a monthly basis, consumer prices advanced 0.2 percent in April, the same as in the previous month and also in line with market consensus.
2021-05-12
Sweden March Inflation Rate at Over 1-Year High
Sweden's consumer price inflation rate edged higher to 1.7 percent year-on-year in March 2021, from 1.4 percent in the previous month and in line with market expectations. It was the fastest increase in consumer prices since December of 2019, as prices continued to advance for transports (4.9 percent vs 2.3 percent in February); housing and utilities (2.7 percent vs 3.1 percent); clothing and footwear (4.4 percent, the same as in February); miscellaneous goods and services (2.1 percent vs 2.2 percent); and furnishings and household goods (1.6 percent vs 0.4 percent). On a monthly basis, consumer prices advanced 0.2 percent in March, easing from a 0.3 percent increase in the previous month.
2021-04-14

Sweden Inflation Rate
In Sweden, the most important category in the consumer price index is Housing and Utilities (23 percent of total weight). Food and Non-Alcoholic Beverages accounts for 14 percent; Transport for 14 percent; Recreation and Culture for 12 percent; Restaurants and Hotels for 7 percent and Miscellaneous Goods and Services for 7 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 22.5 percent of total weight.