Sweden’s CPIF (CPI at constant interest rates) inflation rate eased to 1.3% year-over-year in June 2026, down from 1.5% in May 2026, according to data updated on 8 July 2026. The figure reflects a further cooling in underlying price pressures as measured by Sweden’s preferred inflation gauge, which holds mortgage interest costs constant.
The June reading is based on a comparison of prices in June 2026 with those in June 2025. The previous figure for May was similarly calculated on a year-over-year basis versus May 2025. The continued decline in CPIF indicates that inflation is moving further away from earlier elevated levels, underscoring a trend of moderating consumer price growth in Sweden as mid-2026 unfolds.