Inflation Sweden 2021

Average inflation: 2.2%

Current Inflation

Inflation is normal at 2.2%, around the ECB target.

Peak and Trough

The highest inflation was in December at 3.9%. The lowest inflation was in June at 1.3%.

Highest month
December: 3.9%
Lowest month
June: 1.3%
Difference
2.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Transport with an average of 5.4%. The lowest price increase was in Communication with an average of -2.5%.

Highest increase
Transport: 5.4%
Lowest increase
Communication: -2.5%

Historical Context

Current inflation is 0.5% higher than the 5-year average of 1.7%.

5-year average
1.7%
10-year average
1%
All-time high (2008)
3.4%
All-time low (2009)
-0.5%

Trend

Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+1.7 percentage point).

Change vs. previous year
+1.7 percentage points
Largest monthly swing
December: +3.4 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

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 €102.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Inflation by category

Food and non-alcoholic beverages
0.4%
-1.8vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.3%
-1.0vs avg.
More details →
Clothing and footwear
4.1%
+1.9vs avg.
More details →
Housing, water, electricity, gas and other fuels
4.2%
+2.0vs avg.
More details →
Furnishings, household equipment and maintenance
1.3%
-0.9vs avg.
More details →
Health
-1.5%
-3.7vs avg.
More details →
Transport
5.4%
+3.2vs avg.
More details →
Communication
-2.5%
-4.7vs avg.
More details →
Recreation and culture
-0.2%
-2.4vs avg.
More details →
Restaurants and hotels
2.0%
-0.2vs avg.
More details →
Miscellaneous goods and services
2.0%
-0.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2020
January 1.6% +0.3
February 1.4% +0.4
March 1.7% +1.1
April 2.2% +2.6
May 1.8% +1.8
June 1.3% +0.6
July 1.4% +0.9
August 2.1% +1.3
September 2.5% +2.1
October 2.8% +2.5
November 3.3% +3.1
December 3.9% +3.4
Average 2.2%

Data source

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

See also