FX.co ★ Sweden’s Producer Price Decline Eases in February, Signaling Mild Relief in Industrial Deflation

Sweden’s Producer Price Index (PPI) contracted 1.7% year-over-year in February 2026, easing from a 2.0% annual decline recorded in January 2026. The data, updated on 25 March 2026, show that while producer prices remain lower than a year earlier, the pace of deflation in the industrial sector has moderated slightly.

Both the current and previous readings are measured on a year-over-year basis, comparing each month with the same month a year earlier. The shift from -2.0% to -1.7% suggests that downward pressure on producers’ input and output prices persists but is becoming less intense, which may have implications for future consumer inflation and corporate margins if the trend continues.