FX.co ★ Sweden’s CPIF Ex-Energy Pace Eases in June as Core Price Pressures Moderate

Sweden’s CPIF excluding energy rose 0.60% month‑on‑month in June 2026, easing slightly from the 0.70% gain recorded in May 2026. The data, updated on 15 July 2026, indicate a modest cooling in underlying price pressures when compared with the previous month.

On a month‑over‑month basis, the “actual” June figure reflects the change from May to June 2026, while May’s “previous” reading captures the change from April to May 2026. The slight deceleration in CPIF ex energy suggests that core inflation dynamics—stripped of volatile energy components—may be stabilising after a somewhat faster increase earlier in the spring. Market participants will be watching upcoming releases closely for confirmation that this softer trend in core prices is sustained.