Sweden's annual inflation rate eased to 0.2 percent in November of 2020, the lowest since May and in line with market expectations. Prices slowed for transport (0.2 percent vs 0.5 percent in October), while housing & utilities cost dropped further (-0.2 percent vs -0.1 percent), due to lower prices of electricity (-12.5 percent) and fuel (-12.3 percent). Consumer prices, measured with a fixed interest rate, were up 0.2 percent year-on-year in November, above market expectations of 0.1 percent but well below the central bank's target of 2 percent. On a monthly basis, both the CPI and the CPIF were flat. 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 December of 2020.
Inflation Rate in Sweden is expected to be 0.30 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 1.00 in 12 months time. In the long-term, the Sweden Inflation Rate is projected to trend around 1.20 percent in 2021 and 1.40 percent in 2022, according to our econometric models.