Sweden’s core inflation, measured by the CPIF excluding energy, slowed markedly in October 2026, underscoring ongoing disinflationary pressures in the Swedish economy. Year-over-year, the indicator eased to 0.10% in October, down from 0.50% in September 2026.
The data, updated on 12 November 2026, reflect annual price changes for each month compared with the same month a year earlier. In September, core prices excluding energy were 0.50% higher than in September a year before, while in October they were only 0.10% above the level of October a year earlier. This sharp moderation in the CPIF ex energy signals a significant cooling of underlying inflation momentum as Sweden moves deeper into the final quarter of 2026.
