FX.co ★ Sweden’s CPI Swings Back to Inflation in May, Rebounding 1.0% Month-on-Month

Sweden’s consumer price dynamics reversed sharply in May 2026, with the Consumer Price Index (CPI) rising 1.0% month-on-month, following a 0.6% decline in April. The latest figures, updated on 4 June 2026, mark a notable turnaround in short-term price pressures after the previous month’s contraction.

On a month-over-month basis, the “actual” May reading compares the change in prices in May to those in April, while the “previous” figure reflects April’s change relative to March. The move from a -0.6% reading in April to a 1.0% increase in May underscores a strong rebound in price growth within just one month, signaling a renewed pickup in inflationary momentum in Sweden’s economy.