Sweden CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Riksbank watches when setting interest rates.
Actual
11.5%
Forecast
11%
Previous
10.9%
Sweden Inflation Rate (CPI) for Nov came in at 11.5% versus 11% expected (previous 10.9%), above forecast, which was positive for the SEK.
What it meant for the SEK
The actual landed above the 11% forecast (0.5 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.