Producer prices in Sweden rose 9.5 percent year-on-year in October 2018, easing from a 10.1 percent jump in the prior month. Prices advanced at a softer pace for: electricity, gas, steam & air conditioning supply (16.8 percent vs 17.5 percent in September), manufacturing (9.4 percent vs 10 percent) and mining & quarrying (5.9 percent vs 6.7 percent). In contrast, cost increased faster for water supply, sewerage, waste management & remediation services (3.2 percent vs 1.7 percent). On a monthly basis, producer prices went down 0.3 percent, following a 1.2 percent increase in the previous month. Producer Prices Change in Sweden averaged 1.80 percent from 1991 until 2018, reaching an all time high of 10.81 percent in May of 1995 and a record low of -5.29 percent in April of 2013.
Producer Prices Change in Sweden is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Sweden to stand at 2.40 in 12 months time. In the long-term, the Sweden Producer Prices Change is projected to trend around 2.50 percent in 2020, according to our econometric models.