Inflation Sweden 2020
Average inflation: 0.5%
Current Inflation
Inflation is very low at 0.5%, well below the ECB target.
Peak and Trough
The highest inflation was in January at 1.3%. The lowest inflation was in April at -0.4%.
- Highest month
- January: 1.3%
- Lowest month
- April: -0.4%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Miscellaneous goods and services with an average of 2.4%. The lowest price increase was in Communication with an average of -5.5%.
- Highest increase
- Miscellaneous goods and services: 2.4%
- Lowest increase
- Communication: -5.5%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 1.4%.
- 5-year average
- 1.4%
- 10-year average
- 1.1%
- All-time high (2008)
- 3.4%
- All-time low (2009)
- -0.5%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.3 percentage point.
- Change vs. previous year
- -1.3 percentage points
- Largest monthly swing
- April: -2.5 percentage points
ECB Target
Inflation is 1.5% 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 €100.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 1.3% | -0.6 |
| February | 1.0% | -0.9 |
| March | 0.6% | -1.3 |
| April | -0.4% | -2.5 |
| May | 0.0% | -2.2 |
| June | 0.7% | -1.1 |
| July | 0.5% | -1.2 |
| August | 0.8% | -0.6 |
| September | 0.4% | -1.1 |
| October | 0.3% | -1.3 |
| November | 0.2% | -1.6 |
| December | 0.5% | -1.3 |
| Average | 0.5% |
Data source
Data from OECD. Last updated: 13/01/2026.