Inflation Sweden 2003
Average inflation: 1.9%
Current Inflation
Inflation is low at 1.9%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in February at 3.3%. The lowest inflation was in October at 1.3%.
- Highest month
- February: 3.3%
- Lowest month
- October: 1.3%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 4.4%. The lowest price increase was in Communication with an average of -1.5%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 4.4%
- Lowest increase
- Communication: -1.5%
Historical Context
Current inflation is around the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 1.9%
- All-time high (2001)
- 2.4%
- All-time low (2000)
- 0.9%
Trend
Inflation has remained relatively stable. Compared to 2002, the difference is minimal (-0.3 percentage point).
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- October: -1.0 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 2.7% | 0.0 |
| February | 3.3% | +0.7 |
| March | 3.0% | +0.3 |
| April | 2.2% | -0.1 |
| May | 1.8% | 0.0 |
| June | 1.6% | -0.2 |
| July | 1.7% | -0.3 |
| August | 1.6% | -0.2 |
| September | 1.5% | -0.2 |
| October | 1.3% | -1.0 |
| November | 1.3% | -0.7 |
| December | 1.3% | -0.8 |
| Average | 1.9% |
Data source
Data from OECD. Last updated: 11/01/2026.