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.

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Sweden Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.20 1.70 15.50 -1.60 1980 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-18 08:30 AM Jan 1.6% 0.5% 1.5% 1.4%
2021-03-15 08:30 AM Feb 1.4% 1.6% 1.6% 1.6%
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 2.2%
2021-07-14 07:30 AM Jun
2021-08-12 07:30 AM Jul
2021-09-10 07:30 AM Aug
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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
Swedish February Inflation Rate Below Estimates
Sweden's annual inflation rate eased to 1.4 percent in February of 2021 from 1.6 percent in the previous month, below market expectations of 1.6 percent. Prices slowed mostly for food & non-alcoholic beverages (0.1 percent vs 1.9 percent in January); furnishings (0.4 percent vs 2.4 percent), health (0.1 percent vs 0.5 percent) and miscellaneous goods & services (2.2 percent vs 2.6 percent). In addition, costs continued to fall for communications (-2.8 percent vs -3.2 percent) and recreation & culture (-0.6 percent vs -0.5 percent). Consumer prices, measured with a fixed interest rate, rose 1.5 percent year-on-year in February, below market expectations of 1.8 percent and the central bank's target of 2 percent. On a monthly basis, both the CPI and the CPIF rose 0.3 percent, below market consensus of 0.6 percent.
2021-03-15
Swedish Inflation Rate Picks Up to 1-Year High of 1.6%
Sweden's annual inflation rate jumped to 1.6 percent in January of 2021 from 0.5 percent in the previous month, above market expectations of 1.5 percent. It was the highest inflation rate since December 2018, mainly due to rising housing costs and food prices. Consumer prices, measured with a fixed interest rate, rose 1.7 percent year-on-year in January, approaching the central bank's target of 2 percent. On a monthly basis, the CPI fell 0.4 percent and the CPIF went down 0.3 percent, both in line with market consensus.
2021-02-18

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.