Sweden’s annual inflation rate quickened for the fourth straight month to 2.8% in October of 2021, from 2.5% in September, slightly above market expectations of 2.7%. That was the highest rate since November of 2011, on the back of prices of transport (7.4% vs 6.2% in September); housing & utilities (4.8% vs 5.1%); restaurants & hotels (3% vs 2.4%) and recreation & culture (1.3% vs flat reading). Consumer prices, measured with a fixed interest rate, rose 3.1% year-on-year in October, the fastest pace since September of 2008, above market expectations of 2.9% and the central bank's target of 2 percent. On a monthly basis, both the CPI and the CPIF increased by 0.2%. 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 December of 2021.

Inflation Rate in Sweden is expected to be 3.00 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 1.40 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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Sweden Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-14 07:30 AM Sep 2.5% 2.1% 2.7% 2.5%
2021-11-15 08:30 AM Oct 2.8% 2.5% 2.7% 2.9%
2021-12-14 08:30 AM Nov 2.8%


Related Last Previous Unit Reference
Inflation Rate 2.80 2.50 percent Oct/21
Inflation Rate Mom 0.20 0.50 percent Oct/21
Consumer Price Index CPI 346.44 345.74 points Oct/21
Harmonised Consumer Prices 111.53 111.29 points Oct/21
Core Inflation Rate 3.10 2.80 percent Oct/21
Core Consumer Prices 227.24 226.72 points Oct/21
Producer Prices 128.20 128.10 points Oct/21
Producer Prices Change 16.80 17.20 percent Oct/21
Export Prices 127.90 127.70 points Oct/21
Import Prices 125.70 122.50 points Oct/21
Food Inflation 1.20 0.90 percent Oct/21
CPI Transportation 496.23 489.24 points Oct/21
CPI Housing Utilities 434.26 439.53 points Oct/21

News Stream
Sweden October Inflation Rate at Near 10-Year High
Sweden’s annual inflation rate quickened for the fourth straight month to 2.8% in October of 2021, from 2.5% in September, slightly above market expectations of 2.7%. That was the highest rate since November of 2011, on the back of prices of transport (7.4% vs 6.2% in September); housing & utilities (4.8% vs 5.1%); restaurants & hotels (3% vs 2.4%) and recreation & culture (1.3% vs flat reading). Consumer prices, measured with a fixed interest rate, rose 3.1% year-on-year in October, the fastest pace since September of 2008, above market expectations of 2.9% and the central bank's target of 2 percent. On a monthly basis, both the CPI and the CPIF increased by 0.2%.
2021-11-15
Sweden September Inflation Rate Highest since 2011
Sweden’s annual inflation rate rose to 2.5 percent in September of 2021 from 2.1 percent in August but below market expectations of 2.7 percent. It was the highest since November of 2011, mainly due to prices of housing & utilities (5.1 percent vs 3.8 percent in August), namely electricity and transport (6.2 percent vs 6.4 percent), of which fuels. Additional upward pressure came from education (2.5 percent vs 2 percent); restaurants & hotels (2.4 percent vs 2.6 percent); miscellaneous goods & services (2 percent vs 1.4 percent) and food & non-alcoholic beverages (0.9 percent vs 0.3 percent). Consumer prices, measured with a fixed interest rate, rose 2.8 percent year-on-year in September, the fastest pace since October of 2008, below market expectations of 3 percent but above the central bank's target of 2 percent. On a monthly basis, both the CPI and the CPIF rose 0.5 percent.
2021-10-14
Sweden Inflation Rate at 4-Month High
Sweden’s annual inflation rate jumped to 2.1 percent in August of 2021 from 1.4 percent in July and faster than market expectations of 1.7 percent. It was the steepest rise in consumer prices since April, driven by prices of transports (6.4 percent vs 2.9 percent in July); clothing & footwear (4.7 percent vs 3.7 percent); food & non-alcoholic beverages (0.3 percent vs -0.3 percent); and restaurants & hotels (2.6 percent vs 2.1 percent). On the other hand, downward pressure was stronger in health (-2.9 percent vs -1.2 percent), while prices of communication (-2.8 percent vs -2.9 percent) and recreation & culture (-1.4 percent vs -3.2 percent) fell at a softer rate. Consumer prices, measured with a fixed interest rate, rose 2.4 percent year-on-year in August, above market expectations of 1.9 percent and the central bank's target of 2 percent. On a monthly basis, both the CPI and the CPIF rose 0.5 percent.
2021-09-14

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.