FX.co ★ Sweden Inflation Rate Climbs to 4-Month High

In June 2025, Sweden experienced an uptick in its annual inflation rate, reaching 0.8%, up from May's 0.2% and surpassing forecasts that had predicted a rise to only 0.4%, according to preliminary estimates. While this marked the highest inflation rate since February, it remains notably under the Riksbank's target of 2%. Month-over-month, consumer prices increased by 0.5%, marking the largest rise in four months after a modest 0.1% increase in May. Moreover, the CPI with a fixed interest rate (CPIF), which serves as the Riksbank's targeted measure, climbed by 2.9% on a year-over-year basis in June. This was the highest increase since February and rose from 2.3% in May, surpassing projections of a 2.5% rise. On a monthly scale, the CPIF advanced by 0.5%, exceeding expectations of a 0.2% increase and improving from the previous month's 0.1% growth.