FX.co ★ Sweden’s CPI Swings Back to Inflation in September, Rebounding to 0.9% MoM

Sweden’s consumer price inflation shifted sharply higher in September 2026, with the month-over-month CPI rising 0.9%, according to data updated on 14 October 2026. This marks a notable reversal from the previous month’s 0.3% decline, signaling a renewed uptick in price pressures after a brief period of monthly deflation.

The data are measured on a month-over-month basis, comparing each month’s price change to the prior month. The latest “actual” figure of 0.9% reflects the change in prices in September versus August, while the “previous” figure of -0.3% represented the change in August versus July. The swing from negative to positive territory suggests that factors which had been temporarily easing consumer prices have faded, or that new upward pressures have emerged within the Swedish economy.