FX.co ★ Sweden’s CPIF Inflation Slips to 1.6% in March, Edging Further Below Target

Sweden’s inflation rate, measured by the CPIF (consumer price index with a fixed interest rate), eased to 1.6% year-over-year in March 2026, down slightly from 1.7% in the previous reading. The data, updated on 14 April 2026, confirm that price pressures continue to moderate on an annual basis.

Both the current and previous observations are based on year-over-year comparisons, measuring price changes in March against the same month a year earlier. The marginal decline in CPIF suggests inflation is stabilising below the Riksbank’s 2% target range, adding to the picture of a cooling price environment in Sweden as the first quarter of 2026 closes.