In a recent update on Sweden's economic landscape, the Consumer Price Index for Inflation excluding Energy (CPIF Ex Energy) reported a slight uptick for October 2025, reaching 2.80% year-over-year, compared to the previous month’s 2.70%. The Statistics Sweden reported these updated numbers on November 13, 2025.
This increase, although modest, may reflect underlying economic forces such as changing consumer demand and shifts in other components of the consumer basket, potentially excluding the volatile energy prices. The October increase marks a continuation of rising inflationary pressures observed over the year, as the economy adjusts to post-pandemic market realities and persistent global supply chain challenges.
Analysts will continue to monitor these shifts in CPIF Ex Energy closely, as it remains a crucial indicator for policymakers and businesses to understand the inflationary trend excluding energy, providing a more stable view of underlying inflation pressures in Sweden’s economy. The slight rise is also a key signal to the Riksbank as it considers future monetary policy measures.
