Sweden’s CPIF excluding energy remained unchanged at -0.30% month-on-month in March 2026, matching February’s reading and signaling a continued deflationary trend in underlying consumer prices. According to the latest update on 14 April 2026, the March figure shows no acceleration or easing in price declines compared with the previous month.
The indicator, which strips out volatile energy components, is closely watched as a gauge of core inflation dynamics. With both February 2026 and March 2026 registering a -0.30% MoM change, the data suggest persistent downward pressure on prices in the broader basket of goods and services. Investors and policymakers will be monitoring upcoming releases to assess whether this negative momentum in core prices proves temporary or becomes a more entrenched feature of Sweden’s inflation landscape.
