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. source: Statistics Sweden
Inflation Rate in Sweden averaged 3.38 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 May of 2021.
Inflation Rate in Sweden is expected to be 1.10 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 1.50 in 12 months time. In the long-term, the Sweden Inflation Rate is projected to trend around 1.40 percent in 2022 and 1.90 percent in 2023, according to our econometric models.