Sweden Inflation Rate — 2026 CPI Data, Trend & Outlook
Sweden's inflation rate was 0.78% in May 2026, up from -0.15% the previous month. A year earlier it stood at 0.19%.
Sweden's inflation rate stands at 0.78% as of May 2026. The inflation rate currently sits at 0.78% (up from -0.15% in the prior month). Across the tracked window it has ranged between -0.36% and 12.34%, and is 0.60% higher than a year ago.
The trend
Among the 193 economies tracked on this platform, Sweden ranks #162 on inflation rate by latest value. It rose from -0.15% in the previous month, and compares with a year-earlier 0.19%.
What's driving it
Inflation is shaped by energy and food prices, the exchange rate, wage growth and the stance of monetary policy; central banks lift interest rates to cool it and ease when it falls back toward target.
Recent readings
| Period | Inflation rate |
|---|---|
| May 2026 | 0.78% |
| Apr 2026 | -0.15% |
| Mar 2026 | 0.55% |
| Feb 2026 | 0.49% |
| Jan 2026 | 0.46% |
| Dec 2025 | 0.30% |
| Nov 2025 | 0.26% |
| Oct 2025 | 0.92% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Inflation Rate in Sweden Right Now (2026)?
Sweden's inflation rate was 0.78% in May 2026, up from -0.15% the previous month. A year earlier it stood at 0.19%.
Is the inflation rate rising or falling in Sweden?
It rose in the latest reading — 0.78% in May 2026 versus -0.15% a month earlier. Year on year it is higher.
What is inflation rate?
It measures how fast consumer prices are rising, measured by the consumer price index (CPI).