Sweden CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Riksbank watches when setting interest rates.
Actual
6%
Forecast
5.7%
Previous
4.3%
Source: Statistics Sweden. Figures as released; revisions appear in the next print.
Sweden Inflation Rate (CPI) for March 2022 came in at 6% versus 5.7% expected (previous 4.3%), above forecast, which was positive for the SEK.
What it meant for the SEK
The actual landed above the 5.7% forecast (0.3 above expectations). A reading above forecast is generally bullish for the SEK, and below forecast bearish. On this release the read was positive for the SEK.
New to this release? See what Sweden Inflation Rate (CPI) measures, the next release and its full history.