Sweden’s inflation rises to 0.3% in August 2026

  • Sweden’s consumer prices increased 0.3% year-on-year in August 2026.
  • CPIF rose 0.7% annually and declined 0.3% monthly in August.
  • July’s 0.2% annual increase was Sweden’s lowest consumer-price reading since May 2025.

Sweden’s consumer prices rose 0.3% year-on-year in August 2026, confirming the preliminary estimate and edging up from July’s 0.2% increase, the lowest reading since May 2025. Annual price growth was strongest in housing and utilities at 2.6%, transport at 1.7%, and information and communication at 1.8%. Prices for alcoholic beverages and tobacco rose 2%, while recreation, sport and culture increased 1.6%. Food and non-alcoholic beverage prices fell 6.6%, health costs declined 6.2%, and education services dropped 15.5%. Consumer prices decreased 0.3% from the previous month, matching July’s monthly decline. CPIF, the consumer-price measure with a fixed interest rate used by the Riksbank (Sweden’s central bank) as its target measure, rose 0.7% annually and fell 0.3% monthly, with the annual rate reaching its lowest level since December 2020.

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