Sweden Inflation Rises to 1.1% in August

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Sweden’s annual inflation rate rose to 1.1% in August 2025 from 0.8% in the previous month, in line with market expectations, a preliminary estimate showed. This marked the highest reading since February but remained below the Riksbank’s 2% target. On a monthly basis, consumer prices decreased 0.4%, the first decline in five months and reversing a 0.2% rise in July. Meanwhile, the CPI with a fixed interest rate (CPIF), the Riksbank’s target measure, advanced 3.3% year-on-year in August, the fastest increase since January 2024, following a 3.0% growth in July and slightly above market forecasts of 3.2%.

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