Sweden’s inflation gauge at constant interest rates (CPIF) accelerated modestly at the start of the year, with the month-over-month reading rising to 0.2% in January 2026, up from 0.1% in December 2025. The fresh data, updated on 06 February 2026, indicate a slight quickening in underlying price pressures as measured on a monthly basis.
The comparison uses a month-over-month framework: January’s 0.2% figure reflects the change in prices relative to December 2025, while December’s 0.1% reading captured the change versus November 2025. Although the move is small in absolute terms, the doubling of the rate from 0.1% to 0.2% will be closely watched by market participants and policymakers monitoring the trajectory of Swedish inflation into 2026.