Inflation in Sweden (HICP) Current and historic Swedish inflation (harmonised consumer price index)

This page shows the current and historic inflation figures for Sweden based on the harmonised consumer price index (HICP).

Latest inflation rates from all over the world

HICP Sweden (yearly basis)
Month
Inflation rate
August 2023
4.54 %
July 2023
6.34 %
June 2023
6.32 %
May 2023
6.67 %
April 2023
7.74 %
March 2023
8.14 %
February 2023
9.70 %
January 2023
9.59 %
December 2022
10.84 %
November 2022
10.09 %
October 2022
9.79 %
September 2022
10.25 %
HICP Sweden (monthly basis)
Month
Inflation rate
August 2023
-0.17 %
July 2023
-0.19 %
June 2023
1.00 %
May 2023
0.07 %
April 2023
0.20 %
March 2023
0.46 %
February 2023
0.96 %
January 2023
-1.77 %
December 2022
2.08 %
November 2022
0.83 %
October 2022
-0.20 %
September 2022
1.22 %

Chart - historical HICP inflation Sweden

Historical Inflation rates

Our content is based on reliable sources. However, we do not accept liability for any errors. The content of this website is for informational purposes only and is not intended as financial advice. Decisions you make based on the information we display are always at your own expense and risk.

What is the Swedish inflation based on HICP?

Two important consumer inflation figures are recorded in many European countries: the consumer price index (CPI) and the harmonised consumer price index (HICP). The CPI is often the official consumer price inflation rate which is recorded in the country itself. The HICP was created specially in order to be able to compare European inflation figures.

On this page the focus is on the Swedish HICP. This inflation figure shows the change in price of a standard package of goods and services which households in Sweden purchase for consumption. To determine the rate of inflation in Sweden, the percentage increase in the HICP over a given period is calculated. If the percentage is negative then we are dealing with deflation.