11.12.202507:12:20UTC+00Swedish November Inflation Confirmed at 6-Month Low

As of November 2025, Sweden's annual inflation rate decreased to 0.3%, confirming preliminary forecasts and dropping from 0.9% in the preceding two months. This figure continues to fall significantly short of the Riksbank's target of 2% and represents the lowest rate since May. A key factor in this decline is the deceleration in the price growth of food and non-alcoholic beverages, which dropped to 3.1%, the lowest level in ten months, compared to the previous 3.7%. Additionally, housing and utilities saw a sharper price decrease, falling by 3.1% compared to 1.9% earlier. Inflation rates also eased in sectors such as clothing and footwear, which slowed to 0.6% from 1.4%, while the prices for miscellaneous goods and services held steady at 4.1%. Other sectors, including transport, witnessed a price reduction of 0.1% from a previous drop of 0.7%, communication prices fell by 0.6% compared to 0.9% earlier, and recreation and culture experienced a 0.6% decline from a previous rise of 1.9%. On a monthly basis, consumer prices fell by 0.4%, overturning a 0.3% increase in October and marking the first monthly decline in three months. In contrast, the Consumer Price Index with a fixed interest rate (CPIF), which is the Riksbank's target metric, experienced a year-over-year increase of 2.3% in November, decelerating from a 3.1% rise the previous month.