Swedish Inflation Confirmed at 0.2% in July

2026-08-13 06:24 By Joshua Ferrer 1 min. read

Consumer prices in Sweden rose by 0.2% year-on-year in July 2026, confirming preliminary estimates and slowing from a 0.7% increase in the previous month.

The latest figure also marked the softest rise since May last year, driven largely by lower prices for food and non-alcoholic beverages (-7.2% vs -6.8% in June), health (-6.4% vs -4.7%), and education services (-15.3% vs 3.4%).

At the same time, inflation softened for housing and utilities (2.3% vs 4%) and transport (0.4% vs 3.5%).

On the other hand, costs rebounded for clothing and footwear (0.4% vs -2.3%) and information and communication (1.4% vs -1.0%), while restaurants and accommodation services rose at a faster pace (3.5% vs 2.7%), reflecting seasonal price increases.

On a monthly basis, consumer prices fell by 0.3%, the first decline in three months and reversing a 0.4% rise in June.

Meanwhile, the CPI with a fixed interest rate (CPIF), the Riksbank’s target measure, rose 0.7% annually and fell 0.3% month-on-month in July.



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Swedish Inflation Confirmed at 0.2% in July
Consumer prices in Sweden rose by 0.2% year-on-year in July 2026, confirming preliminary estimates and slowing from a 0.7% increase in the previous month. The latest figure also marked the softest rise since May last year, driven largely by lower prices for food and non-alcoholic beverages (-7.2% vs -6.8% in June), health (-6.4% vs -4.7%), and education services (-15.3% vs 3.4%). At the same time, inflation softened for housing and utilities (2.3% vs 4%) and transport (0.4% vs 3.5%). On the other hand, costs rebounded for clothing and footwear (0.4% vs -2.3%) and information and communication (1.4% vs -1.0%), while restaurants and accommodation services rose at a faster pace (3.5% vs 2.7%), reflecting seasonal price increases. On a monthly basis, consumer prices fell by 0.3%, the first decline in three months and reversing a 0.4% rise in June. Meanwhile, the CPI with a fixed interest rate (CPIF), the Riksbank’s target measure, rose 0.7% annually and fell 0.3% month-on-month in July.
2026-08-13
Swedish Inflation Slows in July
Consumer prices in Sweden rose by 0.2% year-on-year in July 2026, slightly above market expectations for a 0.1% gain but easing from a 0.7% increase in the previous month, according to preliminary estimates. The latest reading also marked the softest rise since May last year. “Energy prices fell sharply in July, which contributed to the lower inflation rate according to the CPI and CPIF,” said Mikael Nordin, price statistician at Statistics Sweden. On a monthly basis, consumer prices fell by 0.3%, the first decline in three months and reversing a 0.4% rise in the preceding period. Meanwhile, the CPI with a fixed interest rate (CPIF), the Riksbank’s target measure, rose 0.7% year-on-year in July, easing from a 1.3% increase in June but slightly above expectations of a 0.6% gain. Still, the reading was the lowest since December 2020.
2026-08-06
Swedish Inflation Confirmed at 0.7% in June
Consumer prices in Sweden rose by 0.7% year-on-year in June 2026, confirming preliminary estimates and slowing slightly from a seven-month high of 0.8% in May. A steeper decline was recorded in food prices (-6.8% vs. -6.2% in May), alongside renewed decreases in clothing and footwear (-2.3% vs. 0.7%) and furnishings, household equipment and maintenance (-3.0% vs. -1.4%). Inflation also softened for transport (3.5% vs. 6.0%), despite fuel prices remaining elevated (13.7% vs. 26.9%). In contrast, price growth accelerated for housing and utilities (4.0% vs. 2.6%) and recreation, sport and culture (1.6% vs. 0.6%), reflecting seasonal increases in package holidays, car rentals, and international flights. On a monthly basis, consumer prices grew by 0.4%, slowing from a 1% increase in the preceding period. Meanwhile, the CPI with a fixed interest rate (CPIF), the Riksbank’s target measure, rose by 1.3% year-on-year, matching initial estimates and easing from a 1.5% increase in May.
2026-07-15