Sweden - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Sweden was 113.46 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 113.46 in 2021 and a minimum value of 9.21 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 9.21
1961 9.41
1962 9.86
1963 10.14
1964 10.48
1965 11.01
1966 11.72
1967 12.22
1968 12.46
1969 12.79
1970 13.69
1971 14.70
1972 15.58
1973 16.63
1974 18.28
1975 20.07
1976 22.12
1977 24.65
1978 27.12
1979 29.07
1980 33.06
1981 37.06
1982 40.24
1983 43.81
1984 47.34
1985 50.83
1986 52.98
1987 55.20
1988 58.42
1989 62.18
1990 68.63
1991 75.11
1992 76.89
1993 80.53
1994 82.27
1995 84.29
1996 84.73
1997 85.29
1998 85.06
1999 85.46
2000 86.23
2001 88.30
2002 90.21
2003 91.94
2004 92.29
2005 92.71
2006 93.97
2007 96.05
2008 99.35
2009 98.86
2010 100.00
2011 102.96
2012 103.88
2013 103.83
2014 103.64
2015 103.59
2016 104.61
2017 106.49
2018 108.57
2019 110.51
2020 111.06
2021 113.46

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices