Sweden CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Riksbank watches when setting interest rates.
Actual
12.3%
Forecast
10.8%
Previous
11.5%
Sweden Inflation Rate (CPI) for Dec came in at 12.3% versus 10.8% expected (previous 11.5%), above forecast, which was positive for the SEK.
What it meant for the SEK
The actual landed above the 10.8% forecast (1.5 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.