In November 2025, Sweden experienced a downturn in its annual inflation rate, which fell to 0.3% from 0.9% recorded in the preceding two months, according to preliminary figures. This represents the lowest inflation rate since May and fell short of market predictions of 0.6%. On a month-to-month comparison, consumer prices saw a decline of 0.4%, following a 0.3% increase in October. Concurrently, the Consumer Price Index with a Fixed Interest Rate (CPIF), which is the Riksbank's preferred inflation measure, rose by 2.3% year-over-year in November. This marks a slowdown from the previous month's 3.1% increase, and it was below the anticipated 2.5%.