FX.co ★ Sweden’s CPI Holds Steady at -0.3% in August, Extending Monthly Deflation Trend

Sweden’s consumer price index (CPI) remained unchanged in August 2026, recording a month‑over‑month decline of 0.3%, the same pace as in July 2026. According to data updated on 7 September 2026, the index shows a second consecutive month of negative monthly inflation, signaling a persistent, if modest, deflationary trend on a short‑term basis.

The comparison is based on month‑over‑month changes, where the “actual” figure reflects the change in prices from July to August, and the “previous” figure captures the change from June to July. With both readings at -0.3%, price dynamics indicate continued downward pressure rather than a one‑off correction, suggesting that consumer prices have been retreating at a steady clip over the summer period. Investors and policymakers will now be watching upcoming releases closely to assess whether this pattern extends into the autumn data.