Inflation expectations · Sweden

Sweden Consumer Inflation Expectations

The Sweden Consumer Inflation Expectations measures the inflation that households, businesses or professional forecasters in Sweden expect over the coming months or years.

Importance
Low
Released
Monthly
Next release
Currency
SEK · Swedish krona
Central bank
The Riksbank

Latest figures

The latest release for OCT, published on 29 October 2026, came in at 7.7%, up from 6.3% the time before.

Over the last 12 releases it ranged from 5.7% to 7.7%, averaging 6.6%.

Nov 2025: 7.1%Dec 2025: 7%Jan 2026: 6.5%Feb 2026: 6.5%Mar 2026: 7.3%Apr 2026: 6.8%May 2026: 5.9%Jun 2026: 5.8%Jul 2026: 5.7%Aug 2026: 6.8%Sep 2026: 6.3%Oct 2026: 7.7% Nov 2025Oct 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
29 Oct 2026OCT7.7%–6.3%
29 Sep 2026SEP6.3%–6.8%
28 Aug 2026AUG6.8%–6.9% ®
30 Jul 2026JUL5.7%–5.8%
26 Jun 2026JUN5.8%–5.9%
28 May 2026MAY5.9%–6.8%
29 Apr 2026APR6.8%–6.4% ®
25 Mar 2026MAR7.3%–6.6% ®
26 Feb 2026FEB6.5%–6.5%
29 Jan 2026JAN6.5%–7%
19 Dec 2025DEC7%–7.1%
27 Nov 2025NOV7.1%–6.7%

See it in the economic calendar →

Why it matters

Expectations feed into wage demands and price setting, so inflation can become self-fulfilling. Central banks watch them closely: well-anchored expectations near the target let the Riksbank look through temporary price jumps.

How it is calculated

Survey respondents give their own estimate of future price growth; the release reports the median or average. Market-based versions use the gap between ordinary and inflation-linked bond yields.

What changes mean

  • Rising long-term expectations are a red flag for central banks.
  • Short-term expectations follow petrol and food prices closely.

Higher than expected: A higher figure than expected makes the Riksbank more likely to keep rates high or raise them: it tends to support the Swedish krona and push bond yields up, and is often a weight on stocks.

Lower than expected: A lower figure than expected gives the Riksbank room to cut or hold rates lower: the Swedish krona tends to soften and bond yields to fall.

A short history

Expectations became central to economics with the work of Milton Friedman and Edmund Phelps in the late 1960s; the University of Michigan has asked US households about the prices they expect since its first surveys after the Second World War, and for a numeric inflation rate since the late 1970s.

The Riksbank is the world's oldest central bank, founded in 1668.

Questions

What is the Sweden Consumer Inflation Expectations?

The Sweden Consumer Inflation Expectations measures the inflation that households, businesses or professional forecasters in Sweden expect over the coming months or years.

What was the latest Sweden Consumer Inflation Expectations?

7.7% for OCT, published on 29 October 2026.

When is the next Sweden Consumer Inflation Expectations?

On Friday 27 November 2026 at 07:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.