The annual inflation rate in Sweden climbed to 7.3% in May of 2022 from 6.4% in the prior month above market forecasts of 7.0%. This was the highest reading since December 1991, boosted by housing and utilities (8.8%) on account of higher prices of electricity and fuel, and rental and condominium apartments and housing in own homes, which include prices for repair. Additional pressure came from food and non-alcoholic beverages (8.8%); transport (10.7%) amid rising prices of cars; recreation and culture (4.1%); restaurants and hotels (6.6%); and miscellaneous goods and services (4.2%). On a monthly basis, consumer prices went up 1.0% in May, faster than a 0.6% rise in April and slightly above forecasts of 0.9%. source: Statistics Sweden

Inflation Rate in Sweden averaged 3.39 percent from 1980 until 2022, 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 June of 2022.

Inflation Rate in Sweden is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Inflation Rate is projected to trend around 3.70 percent in 2023 and 1.70 percent in 2024, according to our econometric models.

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Sweden Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-12 06:00 AM Apr 6.4% 6% 6.1% 6.3%
2022-06-14 06:00 AM May 7.3% 6.4% 7% 6.6%
2022-07-14 06:00 AM Jun 7.3%


Related Last Previous Unit Reference
Inflation Rate 7.30 6.40 percent May 2022
Inflation Rate Mom 1.00 0.60 percent May 2022
Harmonised Consumer Prices 118.04 116.78 points May 2022
Consumer Price Index CPI 365.82 362.02 points May 2022
Core Inflation Rate 7.20 6.40 percent May 2022
Core Consumer Prices 239.65 237.35 points May 2022
Producer Prices 133.70 131.40 points May 2022
Producer Prices Change 24.40 23.80 percent May 2022
Export Prices 135.00 132.60 points May 2022
Import Prices 137.10 136.70 points May 2022
Food Inflation 8.80 6.70 percent May 2022
CPI Transportation 532.57 533.74 points May 2022
CPI Housing Utilities 460.77 455.50 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
7.30 6.40 15.50 -1.60 1980 - 2022 percent Monthly

News Stream
Sweden Inflation Rate Hits Over 3-Decade High
The annual inflation rate in Sweden climbed to 7.3% in May of 2022 from 6.4% in the prior month above market forecasts of 7.0%. This was the highest reading since December 1991, boosted by housing and utilities (8.8%) on account of higher prices of electricity and fuel, and rental and condominium apartments and housing in own homes, which include prices for repair. Additional pressure came from food and non-alcoholic beverages (8.8%); transport (10.7%) amid rising prices of cars; recreation and culture (4.1%); restaurants and hotels (6.6%); and miscellaneous goods and services (4.2%). On a monthly basis, consumer prices went up 1.0% in May, faster than a 0.6% rise in April and slightly above forecasts of 0.9%.
2022-06-14
Sweden Inflation Rate Highest in Over 3 Decades
Annual inflation rate in Sweden increased to 6.4% in April of 2022, the highest since December of 1991, and above market forecasts of 6.1%. Main upward pressure came from housing and utilities (8.5%) on account of higher prices of electricity and fuel, and rental and condominium apartments and housing in own homes, which include prices for repair. Additional pressure came from food and non-alcoholic beverages (6.6%); transport (11.6%) amid rising prices of cars; recreation and culture (5.2%); restaurants and hotels (7.1%); and miscellaneous goods and services (4.4%). On a monthly basis, consumer prices went up 0.6% in April, slowing from a 1.8% rise in March which was the steepest pace since January 1991.
2022-05-12
Swedish March Inflation Rate at Over 30-Year High
Annual inflation rate in Sweden increased to 6.0% in March of 2022, the highest since December of 1991, and above market forecasts of 5.6%. Main upward pressure came from housing and utilities (+7.9%) on account of higher prices of electricity and fuel, and rental and condominium apartments and housing in own homes, which include prices for repair. Additional pressure came from food and non-alcoholic beverages (+5.8%); transport (+10.9%) amid rising prices of cars; recreation and culture (+2.9%); restaurants and hotels (5.9%); and miscellaneous goods and services (3%). On a monthly basis, consumer prices jumped 1.8%, accelerating from a 0.9% rise in the previous month.
2022-04-14