FX.co ★ Sweden October Inflation Confirmed at 0.9%

In October 2025, Sweden's inflation rate remained steady at 0.9% as compared to the previous month, staying in line with early projections. This rate significantly lagged behind the Riksbank's target of 2%, with notable price decreases observed in several categories: housing and utilities dropped by 1.9% compared to a 2.3% decline in September, transport fell by 0.7% following a flat reading the previous month, and communication dipped by 0.9% from a previous 0.2% decrease. Additionally, the price growth for clothing and footwear eased to 1.4% from 1.7%, while recreation and culture saw a slower increase at 1.9% down from 2.6%. Conversely, there was a noticeable rise in the cost of food and non-alcoholic beverages, climbing to 3.7% from 3.3%, as well as in miscellaneous goods and services, which increased to 4.1% from 3.5%. On a monthly basis, consumer prices experienced a 0.3% rise, following a stagnant month in September. The Consumer Price Index with a fixed interest rate (CPIF), favored by the Riksbank for its inflation assessments, grew by 3.1% year-on-year in October, maintaining the same growth rate as the previous month and continuing to register the highest level since January 2024.