Sweden Consumer Prices Edge Down in April

2026-05-13 06:18 By Judith Sib-at 1 min. read

Consumer prices in Sweden edged down by 0.1% year-on-year in April 2026, confirming preliminary estimates, following a 0.5% rise in March.

This was the first decline in consumer prices since April 2020, mainly due to a sharp drop in food prices (-5.7% vs 0% in March).

Prices also fell faster for information and communication (-2.1% vs -1.8%), recreation, sport and culture (-2.4% vs -0.6%), and health (-5.3% vs -4.6%), while prices for housing and utilities (-0.1% vs -0.4%) and furnishing, household equipment, and routine household maintenance (-2.0% vs -3.6%) declined at softer rates.

Meanwhile, transport costs increased at a faster pace (5.2% vs 3.3%), amid rising energy prices caused by the Middle East conflict.

Monthly, the CPI decreased by 0.6%, matching the pace recorded in March.

The CPI with a fixed interest rate (CPIF), the Riskbank’s target measure, rose by 0.8% from a year earlier in April, the smallest increase since December 2020, slowing from a 1.6% advance in March.



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Sweden Consumer Prices Edge Down in April
Consumer prices in Sweden edged down by 0.1% year-on-year in April 2026, confirming preliminary estimates, following a 0.5% rise in March. This was the first decline in consumer prices since April 2020, mainly due to a sharp drop in food prices (-5.7% vs 0% in March). Prices also fell faster for information and communication (-2.1% vs -1.8%), recreation, sport and culture (-2.4% vs -0.6%), and health (-5.3% vs -4.6%), while prices for housing and utilities (-0.1% vs -0.4%) and furnishing, household equipment, and routine household maintenance (-2.0% vs -3.6%) declined at softer rates. Meanwhile, transport costs increased at a faster pace (5.2% vs 3.3%), amid rising energy prices caused by the Middle East conflict. Monthly, the CPI decreased by 0.6%, matching the pace recorded in March. The CPI with a fixed interest rate (CPIF), the Riskbank’s target measure, rose by 0.8% from a year earlier in April, the smallest increase since December 2020, slowing from a 1.6% advance in March.
2026-05-13
Sweden Consumer Prices Fall for 1st Time in 6 Years
Consumer prices in Sweden edged down by 0.1% year-on-year in April 2026, missing market forecasts of a 0.3% rise and slipping from a slightly downwardly revised 0.5% gain in the previous month, according to preliminary estimates. The latest figure also marked the first month of decline since April 2020. “In the preliminary calculations, we can see that food prices fell by 5.5% from March to April,” said Sofie Öhman, price statistician at Statistics Sweden. On a monthly basis, consumer prices dropped by 0.6%, exceeding forecasts of a 0.2% fall and the same pace as in the preceding period. Meanwhile, the CPI with a fixed interest rate (CPIF), the Riskbank’s target measure, rose by 0.8% year-on-year in April, the softest increase since December 2020, below expectations of a 1.2% gain and slowing from March’s 1.6% rise.
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Sweden March Inflation Confirmed at 5-Month Top
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.
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