Sweden’s CPIF (CPI at constant interest rates) inflation slowed sharply in April 2026, with the year-over-year rate falling to 0.8%, down from 1.6% in March 2026. The latest data, updated on 06 May 2026, underscores a continued easing of price pressures in the Swedish economy.
Both the current and previous figures are measured as year-over-year changes, comparing each month to the same month a year earlier. The decline from March’s 1.6% to April’s 0.8% suggests that inflation is moving further away from earlier elevated levels, potentially giving policymakers additional room to maneuver on monetary conditions.
The halving of the CPIF rate within a single month will be closely watched by markets and analysts, as it may signal a shift in the inflation landscape and influence expectations around Sweden’s future interest rate path, even though the index itself is calculated at constant interest rates.
