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Swedish Consumer Prices Flat in May
Sweden's consumer prices were unchanged from a year earlier in May 2020, compared to market expectations of a 0.4 percent drop, as increases in cost for food & non-alcoholic beverages (3.9 percent vs 3.5 percent) and miscellaneous goods & services (2.7 percent vs 2.3 percent) were offset by declines in prices for housing & utilities (-0.7 percent vs -1.2 percent), transport (-2.0 percent vs -2.7 percent) and recreation & culture (-1.0 percent vs -1.6 percent). Restaurants & hotels cost was unchanged, after a 0.7 percent advance in April.
Published on 2020-06-11

Sweden Consumer Prices Fall for 1st Time Since 2015
Consumer prices in Sweden decreased 0.4 percent year-on-year in April of 2020, after a 0.6 percent rise in the previous month and compared to market expectations of a flat reading. It was the first decline in consumer prices since August of 2015, as cost fell for housing & utilities (-1.2 percent vs -0.6 percent in March); transport (-2.7 percent vs 2.1 percent); recreation & culture (-1.6 percent vs -0.8 percent) and communication (-7.5 percent vs -5.2 percent). On the other hand, prices advanced faster for food & non-alcoholic beverages (3.5 percent vs 2.5 percent) and furniture & household equipment (1.8 percent vs 0.4 percent). Consumer prices, measured with a fixed interest rate (CPIF), were down 0.4 percent year-on-year, following a 0.6 percent rise in March. It was the first drop in CPIF since March of 2014.
Published on 2020-05-13

Swedish Inflation Rate Falls to Near 5-Year Low
The annual inflation rate in Sweden fell to 0.6 percent in March of 2020 from 1 percent in the previous month, the lowest rate since May 2016 and in line with market expectations. On a monthly basis, consumer prices went down 0.2 percent, after a 0.5 percent gain in February and compared to forecasts of a 0.3 percent fall. Consumer prices, measured with a fixed interest rate (CPIF), were up 0.6 percent year-on-year, easing from a 1 percent rise in February and the least in more than four years.
Published on 2020-04-15

Swedish Inflation Rate Falls to 3-1/2-Year Low
Sweden's consumer price inflation fell to 1.0 percent year-on-year in February 2020, the lowest rate since September 2016 and below market expectations of 1.3 percent. Transport prices rose at a softer pace (3.7 percent vs 5.0 percent), restaurants & hotels (2.8 percent vs 3.3 percent) and miscellaneous goods & services (2.0 percent vs 2.2 percent). Also housing & utilities costs fell 0.6 percent, compared to a 0.3 percent decline in the previous month. Meanwhile, upward pressure came from food & non-alcoholic beverages (2.5 percent vs 2.4 percent) and recreation & culture (0.6 percent vs -0.2 percent). Consumer prices, measured with a fixed interest rate (CPIF), were up 1.0 percent, the least in more than four years.
Published on 2020-03-12

Sweden Inflation Rate at Near 3-Year Low of 1.3%
Annual inflation rate in Sweden fell to 1.3 percent in January 2020 from 1.8 percent in December, well below market expectations of 1.7 percent. It was the lowest inflation since March 2017, as cost slowed for food & non-alcoholic beverages (2.4 percent from 2.5 percent in December); miscellaneous goods & services (2.2 percent from 2.5 percent); furniture & household equipment (1.1 percent from 1.8 percent); alcoholic beverages & tobacco (1.8 percent from 1.9 percent) and health (2.7 percent from 2.9 percent). In addition, prices dropped for housing & utilities (-0.3 percent from 1.6 percent); recreation & culture (-0.2 percent, the same as in December); clothing & footwear (-1.8 percent from -1.5 percent) and communication (-6.3 percent from -4.7 percent). The CPIF (consumer price index measured with a fixed interest rate declined to 1.2 percent year-on-year in December.
Published on 2020-02-19

Sweden Inflation Rate Steady at 1.8% in December
Sweden's annual inflation rate was at 1.8 percent in December 2019, unchanged from the previous month and matching market forecasts. It remained the highest inflation rate since June, as prices increase further for transport (4.4 percent from 3.4 percent in November); and health (2.9 percent from 2.7 percent). Meanwhile, prices eased for food & non-alcoholic beverages (2.5 percent from 3.2 percent); housing & utilities (1.6 percent from 2.1 percent); and miscellaneous goods & services (2.5 percent from 2.9 percent). Additionally, inflation was steady for furniture & household equipment (at 1.8 percent); restaurant & hotels (at 2.9 percent); and alcoholic beverages & tobacco (at 1.9 percent). The CPIF (consumer price index measured with a fixed interest rate) stood at 1.7 percent year-on-year in December. On a monthly basis, both indexes rose 0.4 percent.
Published on 2020-01-15

Sweden Inflation Rate Picks Up to 5-Month High
Sweden's annual inflation rate increased to 1.8 percent in November 2019 from 1.6 percent in the previous month and above market expectations of 1.7 percent. It was the highest inflation since June, as cost rose faster for food & non-alcoholic beverages (3.2 percent from 2.7 percent in October); miscellaneous goods & services (2.9 percent from 2.7 percent); furniture & household equipment (1.8 percent from 0.9 percent) and health (2.7 percent from 1.6 percent). Meantime, inflation was steady for housing & utilities (at 2.1 percent) and alcoholic beverages & tobacco (at 1.9 percent). On the other hand, prices slowed for transport (2.6 percent from 3.4 percent); restaurant & hotels (2.9 percent from 3.0 percent). The CPIF (consumer price index measured with a fixed interest rate) rose 1.7% year-on-year in November, following a 1.5% gain in October. On a monthly basis, both indexes edged up 0.1 percent.
Published on 2019-12-11

Sweden Inflation Rate Rises to 3-Month High of 1.6%
Sweden's annual inflation rate increased to 1.6% in October 2019 from 1.5% in the previous month and in line with market expectations. It was the highest inflation since July, as cost advanced faster for transport (2.6% from 2.1% in September); restaurant & hotels (3.0% from 2.9%) and health (1.6% from 0.7%). In addition, prices rebounded for recreation & culture (0.5% from -0.2%) while inflation was steady for food & non-alcoholic beverages (at 2.7%) and alcoholic beverages & tobacco (at 1.9%). On the other hand, prices slowed for housing & utilities (2.1% from 2.2% in September); miscellaneous goods & services (2.7% from 3.0%) and furniture & household equipment (0.9% from 1.3%). The CPIF (consumer price index measured with a fixed interest rate) rose 1.5% year-on-year in October, following a 1.3% gain in September. On a monthly basis, both indexes were flat.
Published on 2019-11-13

Swedish Inflation Rate Rises to 1.5% in September
Sweden's annual inflation rate rose to 1.5 percent in September of 2019, following a 1.4 percent in the previous month and slightly above market expectations of a 1.3 percent. Inflation was steady for housing & utilities (at 2.2 percent) and alcoholic beverages & tobacco (at 1.9 percent) while prices advanced faster for restaurants & hotels (2.9 percent vs 2.3 percent); miscellaneous goods & services (3.0 percent vs 2.6 percent) and furniture & household equipment (1.3 percent vs 0.3 percent). On the other hand, prices slowed for food & non-alcoholic beverages (2.7 percent vs 3.3 percent in August) and transport (2.1 percent vs 2.5 percent) while recreation & culture cost dropped (-0.2 percent vs 0.6 percent). The CPIF (consumer price index measured with a fixed interest rate) went up 1.3 percent year-on-year in September, the same as in August. On a monthly basis, both indexes rose 0.5 percent.
Published on 2019-10-10

Sweden Inflation Rate Falls to Nearly 2-1/2-Year Low
The annual inflation rate in Sweden declined to 1.4 percent in August 2019 from 1.7 percent in July and below market expectations of 1.7 percent. It was the lowest inflation rate since March 2017, as prices eased for food & non-alcoholic beverages (3.3% vs 3.8% in July); housing & utilities (2.2% vs 2.4%); restaurants & hotels (2.3% vs 3.2%) and furniture & household equipment (0.3% vs 1.5%). Also, cost went down further for clothing & footwear (-1.4% vs -0.5%) and communication (-8.3% vs -8%). Meanwhile, inflation was steady for transport (at 2.5%) and alcoholic beverages & tobacco (at 1.9%). The CPIF inflation, measured with a fixed interest rate, decreased to 1.3%, its lowest since September 2016, from 1.5% in the prior month. On a monthly basis, consumer prices declined 0.4 percent, after a 0.4 percent gain in July.
Published on 2019-09-10

Swedish Inflation Rate Eases to Over 1-Year Low
Annual inflation rate in Sweden edged down to 1.7% in July 2019 from 1.8% in the previous month but above market expectations of 1.5%. It was the lowest inflation rate since April 2018, as prices slowed for transport (2.5% vs 2.8% in June); recreation & culture (0.2% vs 0.6%); furniture & household equipment (1.5% vs 2.4%) while health cost decreased (-2.2% vs 2.1%). On the other hand, inflation was steady for housing & utilities (at 2.4%) and alcoholic beverages & tobacco (at 1.9%) while prices advanced faster for food & non-alcoholic beverages (3.8% vs 3.0%); restaurants & hotels (3.2% vs 3.1%) and miscellaneous goods & services (2.4% vs 2.3%). The CPIF inflation, measured with a fixed interest rate, decreased to 1.5% from 1.7% in the previous month. On a monthly basis, consumer prices rose 0.4%, rebounding from a 0.1% drop in June.
Published on 2019-08-14

Swedish Inflation Rate Eases to Over 1-Year Low
Annual inflation rate in Sweden fell to 1.8 percent in June 2019 from 2.2 percent in the previous month and slightly below market expectations of 1.9 percent. It was the lowest inflation rate since April 2018, as prices slowed for housing & utilities (2.4 percent vs 4.1 percent in May) and transport (2.8 percent vs 3.6 percent) while cost continued to decline for clothing & footwear (-0.9 percent vs -0.2 percent) and communication (-8.1 percent vs -7.1 percent). On the other hand, prices advanced faster for food & non-alcoholic beverages (3.0 percent vs 2.1 percent); recreation & culture (0.6 percent vs 0.1 percent) and for miscellaneous goods & services (2.3 percent vs 2.2 percent) while inflation was steady for restaurants & hotels (at 3.1 percent). The CPIF inflation, measured with a fixed interest rate, decreased to 1.7 percent from 2.1 percent in May. On a monthly basis, consumer prices dropped 0.1 percent, after a 0.3 percent gain in the prior month.
Published on 2019-07-11

Sweden Inflation Rate Picks Up to 7-Month High of 2.2%
The annual inflation rate in Sweden increased to 2.2% in May of 2019 from 2.1 in the previous month and above market expectations of 2%. It was the highest inflation rate since October of 2018, as cost advanced faster for housing & utilities (4.1% from 3.9% in April); restaurant & hotels (3.1% from 2.1%); furniture & household equipment (1.9% from 0.8%) and alcoholic beverages & tobacco (1.9% from 1.8%). Also, prices rebounded for recreation & culture (0.1% from -0.4%). On the other hand, cost slowed for food & non-alcoholic beverages (2.1% from 2.7%); transport (3.6% from 4.8%); miscellaneous goods & services (2.2% from 2.5%) and health (1.6% from 2.2%). The CPIF inflation, measured with a fixed interest rate, edged up to 2.1% from 2% in April. On a monthly basis, consumer prices went up 0.3%, following a 0.7% gain in the prior month.
Published on 2019-06-14

Swedish Inflation Rate at 6-Month High of 2.1%
The annual inflation rate in Sweden increased to 2.1 percent in April 2019 from 1.9 percent in the previous month and in line with market expectations. It was the highest inflation rate since October 2018, as prices advanced faster for housing & utilities (3.9 percent vs 3.3 percent in March) and transport (4.8 percent vs 2.4 percent). Meanwhile, inflation eased for food & non-alcoholic beverages (2.7 percent vs 3.2 percent); miscellaneous goods & services (2.5 percent vs 2.9 percent) furniture & household equipment (0.8 percent vs 1.4 percent) and health (2.2 percent vs 2.3 percent) while recreation & culture cost fell (-0.4 percent vs 0.5 percent). Also, hotels & restaurants inflation was steady (at 2.1 percent). The CPIF inflation, measured with a fixed interest rate, edged up to 2.0 percent from 1.8 percent in March. On a monthly basis, consumer prices increased 0.7 percent, following a 0.2 percent rise in the previous month.
Published on 2019-05-14

Sweden Annual Inflation Rate Steady at 1.9% in March
Annual inflation rate in Sweden came in at 1.9 percent in March 2019, unchanged from the previous month and slightly above market expectations of 1.8 percent. Prices rose further for food & non-alcoholic beverages (3.2 percent from 2.7 percent in February); recreation & culture (0.5 percent from a flat reading); restaurants & hotels (2.1 percent from 2.0 percent); health (2.3 percent from 1.5 percent); and furniture & household equipment (1.4 percent from 0.2 percent). Meanwhile, inflation was steady for miscellaneous goods & services (at 2.9 percent); while eased for housing & utilities (3.3 percent from 4.1 percent) and for transport (2.4 percent from 2.7 percent). The CPIF inflation, measured with a fixed interest rate, edged down to 1.8 percent from 1.9 percent in February. On a monthly basis, both consumer prices and CPIF went up 0.2 percent.
Published on 2019-04-11

Sweden Annual Inflation Rate Steady at 1.9% in February
Annual inflation rate in Sweden was at 1.9 percent in February 2019, unchanged from the previous month and slightly below market expectations of 2 percent. Prices rose further for food & non-alcoholic beverages (2.7 percent from 1.6 percent in February); transport (2.7 percent from 1.7 percent); restaurant & hotels (2.0 percent from 1.5 percent); miscellaneous goods & services (2.9 percent from 2.7 percent); health (1.5 percent from 0.3 percent) and alcoholic beverages & tobacco (1.8 percent from 1.7 percent). On the other hand, prices eased for housing & utilities (4.1 percent from 4.8 percent); recreation & culture (a flat reading from 0.5 percent); and furniture & household equipment (0.2 percent from 0.9 percent). Also, cost of communication fell at a faster pace (-7.0 percent from -6.3 percent). On a monthly basis, consumer prices went up 0.7 percent, after declining 1.0 percent in the prior month.
Published on 2019-03-12

Sweden Annual Inflation Rate at 8-Month Low in January
Annual inflation rate in Sweden fell to 1.9 percent in January 2019 from 2.0 percent in the previous month and below market expectations of 2.2 percent. It was the lowest inflation rate since May, as prices slowed for food & non-alcoholic beverages (1.6 percent from 1.9 percent in December); transport (1.7 percent from 2.5 percent); restaurant & hotels (1.5 percent from 2.8 percent); recreation & culture (0.5 percent from 1.5 percent); and furniture & household equipment (0.9 percent from 1 percent). Also, cost of communication fell at a faster pace (-6.3 percent from -6.1 percent). Meanwhile, prices rose further for housing & utilities (4.8 percent from 4.5 percent); miscellaneous goods & services (2.7 percent from 1.9 percent); and alcoholic beverages & tobacco (1.7 percent from 1.6 percent). Additionally, cost of health rebounded (0.3 percent from -1.8 percent). On a monthly basis, consumer prices went down 0.1 percent, after rising 0.4 percent in the prior month.
Published on 2019-02-19

Sweden Inflation Rate Unchanged at 2% in December
Annual inflation rate in Sweden came in at 2 percent in December of 2018, the same as in the previous month and in line with market expectations, as inflation was steady for alcoholic beverages & tobacco (1.6 percent, the same as in November). Prices advanced faster for housing & utilities (4.5 percent from 4.3 percent); transport (2.5 percent from 2.3 percent); recreation & culture (1.5 percent from 1 percent) and miscellaneous goods & services (1.9 percent from 1.6 percent). On the other hand, cost slowed for food & non-alcoholic beverages (1.9 percent from 2.2 percent); restaurant & hotels (2.8 percent from 3.2 percent) and furniture & household equipment (1 percent from 1.2 percent). Meanwhile, prices continued to decline for health (-1.8 percent from -1.7 percent) and communication (-6.1 percent from -5.7 percent). On a monthly basis, consumer prices went up 0.4 percent, after a 0.1 percent fall in November.
Published on 2019-01-14

Swedish Inflation Rate Eases to 2% in November
Sweden's consumer price inflation slowed to 2 percent year-on-year in November 2018 from 2.3 percent in the previous month and in line with market expectations, as prices rose at a softer pace for: transport (2.3 percent vs 4.3 percent in October); food and non-alcoholic beverages (2.2 percent vs 2.3 percent); and miscellaneous goods and services (1.6 percent vs 1.7 percent). On the other hand, inflation picked up for: housing and utilities (4.3 percent vs 4.1 percent); recreation and culture (1 percent vs 0.8 percent); and restaurants and hotels (3.2 percent vs 2.6 percent). The CPIF inflation, measured with a fixed interest rate, eased to 2.1 percent in November from 2.4 percent in October, still remaining above the central bank's 2 percent target. On a monthly basis, consumer prices fell 0.1 percent and the core index also declined 0.1 percent.
Published on 2018-12-12

Swedish Inflation Rate Steady at Near 7-Year High of 2.3%
The annual inflation rate in Sweden stood at 2.3 percent in October 2018, unchanged from the prior month and slightly below market expectations of 2.4 percent. It is the highest inflation rate since December 2011, as prices continued to climb mostly for housing & utilities (4.1% vs 3.9% in September) and transport (4.3% vs 3.8%). Also, inflation quickened for miscellaneous goods & services (1.7% vs 1.3%) and furnishings (1.6% vs 1.4%). Meanwhile, cost slowed for food & non-alcoholic beverages (2.3% vs 3.1%); recreation & culture (0.8% vs 1.6%) and restaurants & hotels (2.6% vs 2.9%). At the same time, the CPIF (consumer price index measured with a fixed interest rate) eased to 2.4 percent on a yearly basis (2.5% in September), below estimates of 2.6 percent. On a monthly basis, consumer prices dropped 0.1 percent, compared to a 0.5 percent gain in September and against market consensus of a 0.3 percent increase.
Published on 2018-11-14