FX.co ★ Sweden’s Inflation Rebounds as May CPI Climbs to 0.8% Year-on-Year

Sweden’s consumer price inflation accelerated in May 2026, with the year-on-year Consumer Price Index (CPI) rising to 0.8%, according to data updated on 4 June 2026. This marks a notable turnaround from April 2026, when CPI registered a slight annual decline of 0.1%.

Both readings are based on a year-over-year comparison, measuring price changes in each month against the same month a year earlier. The move from negative to positive territory in May suggests that price pressures, which had briefly dipped into deflationary levels in April, are firming again in the Swedish economy. Market participants and policymakers will be watching upcoming releases closely to see whether this uptick signals a sustained inflation trend or a short-lived adjustment.