Makrognosis

Sweden Core Inflation Rate

MonthlyNot seasonally adjustedCode SE.CPICORE.M.NSA

Latest (y/y)1.1%October 2026
Previous (y/y)1.5%September 2026
Level124.5October 2026

Sweden Core Inflation Rate was up 1.1% year on year in October 2026, compared with 1.5% in September 2026.

The level stood at 124.5 (index 2020=100).

Among the 50 economies Makrognosis covers on this measure, it is the 3rd lowest.

Over the past ten years it has ranged from −0.4% (Apr 2020) to 10.2% (Dec 2022), averaging 2.8%.

Sweden Core Inflation Rate, annual % change, Jan 1997 – Oct 2026−2.5%0.0%2.5%5.0%7.5%10.0%200020052010201520202025Robomacro
Sweden Core Inflation Rate, annual % change, Jan 1997 – Oct 2026. Source: Statistics Sweden (SCB).
Sweden Core Inflation Rate, level (index 2020=100)6080100120200020052010201520202025Robomacro
Sweden Core Inflation Rate, level (index 2020=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
October 2026124.51.1
September 2026124.51.5
August 2026123.40.7
July 2026123.70.7
June 2026124.11.3
May 2026123.71.5
April 2026122.60.8
March 2026123.31.6
February 2026124.11.7
January 2026123.32.0
December 2025123.02.1
November 2025122.82.3
October 2025123.13.1
September 2025122.73.1
August 2025122.53.3
July 2025122.83.0
June 2025122.52.8
May 2025121.82.3
April 2025121.72.3
March 2025121.42.3
February 2025122.02.9
January 2025120.92.2
December 2024120.41.5
November 2024120.11.9

Last 24 observations. The full history (370 observations) is available through the API.

Get Sweden Core Inflation Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/SE.CPICORE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/SE.CPICORE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationJanuary 1996
Observations370
FrequencyMonthly
Unitsindex 2020=100
AdjustmentNot seasonally adjusted
10-year high10.2% (Dec 2022)
10-year low−0.4% (Apr 2020)
10-year average2.8%
Source agencyStatistics Sweden (SCB)
Makrognosis codeSE.CPICORE.M.NSA

Core Inflation Rate: how Sweden compares

#EconomyPeriodLatest
1ArgentinaSep 202631.6%
2TurkeyOct 202628.5%
3RomaniaSep 20267.0%
4IcelandSep 20266.8%
5KosovoSep 20266.2%
39JapanSep 20262.2%
40SingaporeSep 20262.0%
41LuxembourgOct 20262.0%
42FranceOct 20262.0%
43SloveniaOct 20261.9%
44MalaysiaSep 20261.7%
45DenmarkOct 20261.7%
46FinlandOct 20261.5%
47EstoniaOct 20261.4%
48SwedenOct 20261.1%
49IsraelSep 20260.6%
50SwitzerlandOct 20260.5%

Core Inflation Rate by country: all 50 economies ranked →

Other Sweden indicators

Sweden GDP (Gross Domestic Product)Sweden GDP at market prices, seasonally adjusted, current prices, SEK millionSweden Inflation Rate (CPI)Sweden Unemployment RateSweden 10-Year Government Bond YieldSweden Credit Rating & Sovereign Risk ScoreSweden Industrial ProductionSweden Retail SalesSweden Producer Price Inflation (PPI)Sweden Current account balance (BPM6, vs rest of world), not seasonally adjusted, million EURSweden Current account balance, % of GDPSweden Current account balance, transactions, SEK billionsSweden Trade Balance: Goods & ServicesSweden Exports of goods and services, real (chain linked volumes 2020, EUR million, seasonally & calendar adjusted)Sweden Exports of goods, total, SEK millionSweden Imports of goods and services, real (chain linked volumes 2020, EUR million, seasonally & calendar adjusted)

FAQ

What is the current core Inflation Rate in Sweden?
The latest reading is 1.1% year on year for October 2026, published by Statistics Sweden (SCB).
Where does this data come from?
It is collected directly from Statistics Sweden (SCB) and is available through the Makrognosis API under the code SE.CPICORE.M.NSA.

Last updated 2026-11-12. Source: Statistics Sweden (SCB). Original title: “CPIF (CPI with Fixed Interest Rate), 2020=100 — Sweden's core inflation target measure”.