Sweden’s CPIF (consumer price index with a fixed interest rate) slowed to 1.1% year-over-year in October 2026, down from 1.5% in the previous reading, according to data updated on 12 November 2026. The indicator compares price growth in October 2026 with the same month a year earlier, signaling a continued easing in underlying inflationary pressures.
The previous figure of 1.5% also reflected a year-over-year change, comparing the earlier month’s price levels with those a year before. The further decline to 1.1% suggests disinflation is gaining traction in Sweden’s economy, with CPIF moving closer to – and potentially below – levels often associated with central bank inflation targets.
The latest data will be closely watched by markets and policymakers as they assess how a softer price environment could influence future interest rate decisions and broader monetary policy in Sweden.