FX.co ★ Sweden Inflation Rate Confirmed at 0.3%

In April 2025, Sweden's annual inflation rate dropped to 0.3%, in line with preliminary estimates and a reduction from March's 0.5%. This represents the lowest rate since November 2020 and marks the ninth consecutive month that inflation has stayed below the Riksbank's 2% target. Key contributors to this decline included ongoing deflation in the housing and utilities sector, which fell to -3.7% from -2.8% in March, and the transport sector, which decreased by -1.6% compared to -2.1%. Additionally, prices for furnishings and household goods saw a decline of -1.2%, contrasting with a previous increase of +0.5%. Inflationary pressure on health services slowed significantly to 1.5% from 2.6%, and for restaurants and hotels, it eased to 3.1% from 4.0%. Meanwhile, food inflation slightly increased to 5.5% from 5.4%. The CPIF (consumer price index with a fixed interest rate), which is the Riksbank's preferred inflation measure, rose by 2.3% in April, consistent with both preliminary estimates and March's figures. On a month-to-month basis, consumer prices edged up by 0.1%, recovering from a 0.7% decline in the prior period.