Inflation Sweden 2011

Average inflation: 3.0%

Current Inflation

Inflation is high at 3.0%, well above the ECB target.

Peak and Trough

The highest inflation was in August at 3.4%. The lowest inflation was in December at 2.3%.

Highest month
August: 3.4%
Lowest month
December: 2.3%
Difference
1.1 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 8.7%. The lowest price increase was in Communication with an average of -2.0%.

Highest increase
Housing, water, electricity, gas and other fuels: 8.7%
Lowest increase
Communication: -2.0%

Historical Context

Current inflation is 1.1% higher than the 5-year average of 1.9%.

5-year average
1.9%
10-year average
1.6%
All-time high (2008)
3.4%
All-time low (2009)
-0.5%

Trend

Inflation shows an upward trend. Compared to 2010, inflation has risen by +1.8 percentage point.

Change vs. previous year
+1.8 percentage points
Largest monthly swing
April: +2.6 percentage points

ECB Target

Inflation is 1.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food and non-alcoholic beverages
1.3%
-1.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.0%
-2.0vs avg.
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Clothing and footwear
1.6%
-1.4vs avg.
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Housing, water, electricity, gas and other fuels
8.7%
+5.7vs avg.
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Furnishings, household equipment and maintenance
-0.8%
-3.8vs avg.
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Health
1.7%
-1.3vs avg.
More details →
Transport
3.1%
+0.1vs avg.
More details →
Communication
-2.0%
-5.0vs avg.
More details →
Recreation and culture
-1.2%
-4.2vs avg.
More details →
Restaurants and hotels
2.8%
-0.2vs avg.
More details →
Miscellaneous goods and services
1.0%
-2.0vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2010
January 2.5% +2.2
February 2.5% +1.6
March 2.9% +2.1
April 3.3% +2.6
May 3.3% +2.1
June 3.1% +2.2
July 3.3% +2.2
August 3.4% +2.5
September 3.2% +1.8
October 2.9% +1.4
November 2.8% +1.0
December 2.3% 0.0
Average 3.0%

Data source

Data from OECD. Last updated: 11/01/2026.

See also