Sweden March Inflation Confirmed at 5-Month Top
2026-04-14 06:32
By
Joshua Ferrer
1 min. read
The annual inflation rate in Sweden rose to 0.6% in March 2026 from 0.5% in the previous month, matching initial estimates.
This marked the highest reading in five months, largely driven by a 16.3% surge in fuel prices (vs -8.7% in February), the sharpest rise since December 2022.
Among fuel products, diesel and gasoline led the increase, driving transport costs up by 3.3% (vs -1.2%).
Inflation also continued to increase for education (3.2% vs 3.5%), restaurants and accommodation (3.3% vs 3.8%), and insurance and financial services (3.4% vs 3.5%).
Conversely, costs declined for furnishings, household equipment and maintenance (-3.6% vs -3.2%), health (-4.6%), and housing and utilities (-0.4% vs 0.8%), though rents in rental apartments remained elevated (4% vs 3.8%).
On a monthly basis, consumer prices dropped by 0.6% in March, reversing a 0.6% gain in the preceding month.
Meanwhile, the CPIF, the Riksbank’s target measure, increased 1.6% annually, and decreased by 0.6% monthly.