Inflation Sweden 2016

Average inflation: 1.0%

Current Inflation

Inflation is low at 1.0%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 1.7%. The lowest inflation was in February at 0.4%.

Highest month
December: 1.7%
Lowest month
February: 0.4%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Clothing and footwear with an average of 3.4%. The lowest price increase was in Communication with an average of -5.0%.

Highest increase
Clothing and footwear: 3.4%
Lowest increase
Communication: -5.0%

Historical Context

Current inflation is 0.7% higher than the 5-year average of 0.3%.

5-year average
0.3%
10-year average
1.1%
All-time high (2008)
3.4%
All-time low (2009)
-0.5%

Trend

Inflation shows an upward trend. Compared to 2015, inflation has risen by +1.0 percentage point.

Change vs. previous year
+1.0 percentage points
Largest monthly swing
December: +1.6 percentage points

ECB Target

Inflation is 1.0% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

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 €101.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Inflation by category

Food and non-alcoholic beverages
1.1%
+0.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.3%
+0.3vs avg.
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Clothing and footwear
3.4%
+2.4vs avg.
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Housing, water, electricity, gas and other fuels
0.9%
-0.1vs avg.
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Furnishings, household equipment and maintenance
0.8%
-0.2vs avg.
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Health
0.4%
-0.6vs avg.
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Transport
0.7%
-0.3vs avg.
More details →
Communication
-5.0%
-6.0vs avg.
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Recreation and culture
0.6%
-0.4vs avg.
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Restaurants and hotels
2.3%
+1.3vs avg.
More details →
Miscellaneous goods and services
2.5%
+1.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2015
January 0.8% +1.0
February 0.4% +0.3
March 0.8% +0.6
April 0.8% +1.0
May 0.6% +0.5
June 1.0% +1.4
July 1.1% +1.2
August 1.1% +1.3
September 0.9% +0.8
October 1.2% +1.1
November 1.4% +1.3
December 1.7% +1.6
Average 1.0%

Data source

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

See also