FX.co ★ Steady Times in Swedish Economy: CPIF Ex Energy Holds Firm in December

The Swedish economy has maintained its composure as the Consumer Price Index with Fixed Interest Rate excluding energy (CPIF Ex Energy) saw no change in December 2025, remaining steady at 0.30% from the previous month. The November 2025 readings also echoed this figure, highlighting a sustained period of economic steadiness for this metric.

Released on January 15, 2026, this new dataset underscores a stable trend in consumer prices, sans energy, marking the second consecutive month where figures neither dipped nor surged. While fluctuations in energy prices often lead to volatility in broader economic indicators, excluding energy provides a clearer picture of an economy’s core consumer pricing trends.

This consistent figure suggests stability in consumer behavior and pricing dynamics in Sweden, potentially pointing towards a predictable economic climate in the face of external changes and pressures. It also implies a stable inflation rate for goods and services excluding the energy sector, which could influence future fiscal and monetary policy decisions. Investors and policymakers alike may find encouragement in this consistency, even as other sectors experience varying levels of unpredictability.