In a recent update on Sweden's core inflation metrics, the CPIF Excluding Energy Year-on-Year (YoY) rate has experienced a decrease, settling at 2.4% in November 2025. This marks a downturn from the previous month's figure of 2.8% recorded in October 2025. The latest data was made public on December 11, 2025.
This indicator, which excludes energy prices to provide a clearer view of underlying inflation trends, shows a moderation in inflationary pressures compared to the same period last year. Analysts attribute this decline to a variety of economic factors potentially influencing consumer prices, although specifics regarding these dynamics were not disclosed in the released data.
The year-over-year comparison offers insights into the state of inflation adjusted for energy cost volatility, crucial for policymakers and market participants in forecasting economic conditions and adjusting financial strategies accordingly. As Sweden navigates these changes, the 0.4% decrease presents a landscape of moderated inflation possibly impacting interest rates and fiscal policies in the coming months.
