Sweden's annual inflation rate increased to 0.5 percent in December of 2020 from 0.2 percent in the previous month and slightly above market expectations of 0.4 percent. It was the highest inflation rate since last August. Consumer prices, measured with a fixed interest rate, were up 0.5 percent year-on-year in December, above market expectations of 0.2 percent but well below the central bank's target of 2 percent. On a monthly basis, both the CPI and the CPIF rose 0.7 percent, above market consensus of 0.6 percent. source: Statistics Sweden
Inflation Rate in Sweden averaged 3.40 percent from 1980 until 2020, 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 February of 2021.
Inflation Rate in Sweden is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Sweden to stand at 1.20 in 12 months time. In the long-term, the Sweden Inflation Rate is projected to trend around 1.40 percent in 2022, according to our econometric models.