Current inflation rate

In July, CPI inflation (measured as the annual change in the consumer price index) stood at 1.7 per cent (1.5 per cent in June). The underlying inflation rate UND1X (CPI excluding households' mortgage interest expenditure and the direct effects of changes in indirect taxes and subsidies) was 1.4 per cent in July (1.5 per cent in June).

 

The inflation is calculated monthly by Statistics Sweden.

 

Riksbank target: 2 per cent

The Riksbank's target is to maintain inflation at a rate of 2 per cent ±1 percentage point, when measured by CPI.

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LAST UPDATED 8/10/2006