In Sweden, the CPI with a fixed interest rate (CPIF), the Riksbank’s target measure, rose by 0.3% month-over-month in January 2026, exceeding initial estimates of 0.2% and December's 0.1%. CPI with fixed interest rate MoM in Sweden averaged 0.22 percent from 1987 until 2026, reaching an all time high of 2.90 percent in February of 1991 and a record low of -1.50 percent in January of 2020. source: Statistics Sweden

CPI with fixed interest rate MoM in Sweden is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden CPI With Fixed Interest Rate (CPIF) MoM is projected to trend around 0.40 percent in 2027 and 0.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-15 07:00 AM CPIF MoM Final Dec 0.1% -0.2% 0.1% 0.1%
2026-02-06 07:00 AM CPIF MoM Prel Jan 0.2% 0.1% 0.3% 0.3%
2026-02-20 07:00 AM CPIF MoM Final Jan 0.3% 0.1% 0.2% 0.2%
2026-03-05 07:00 AM CPIF MoM Prel Feb
2026-03-12 07:00 AM CPIF MoM Final Feb
2026-04-07 06:00 AM CPIF MoM Prel Mar 0.3%


Related Last Previous Unit Reference
CPI 124.58 124.42 points Jan 2026
CPI with fixed interest rate (CPIF) 123.29 122.96 points Jan 2026
CPIF excl. Energy 121.94 122.48 points Jan 2026
CPIF excl. Energy YoY 2.30 2.40 percent Dec 2025
CPI Housing Utilities 139.60 133.44 points Jan 2026
CPI Transportation 116.84 119.33 points Jan 2026
CPI with fixed interest rate MoM 0.30 0.10 percent Jan 2026
CPI With Fixed Interest Rate (CPIF) YoY 2.00 2.10 percent Jan 2026
Food Inflation 3.20 3.72 percent Jan 2026
Harmonised Consumer Prices 100.65 100.60 points Jan 2026
Harmonised Inflation Rate MoM 0.10 -0.30 percent Dec 2025
Harmonised Inflation Rate YoY 2.10 2.20 percent Dec 2025
Inflation Rate YoY 0.50 0.30 percent Jan 2026
Inflation Rate MoM 0.10 0.00 percent Jan 2026


Sweden CPI With Fixed Interest Rate (CPIF) MoM
As of September 2017, the Riksbank uses the CPIF, the consumer price index with a fixed interest rate, as target variable for the inflation target. According to the central bank, "From a monetary policy perspective, one disadvantage of the CPI is that it is directly affected by changes in the policy rate. These adjustments have, through their impact on mortgage rates, large and direct effects on the CPI which are not connected to underlying inflationary pressures"..
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.10 2.90 -1.50 1987 - 2026 percent Monthly
NSA