07.04.202606:00:00UTC+00Sweden’s CPIF Eases to 1.6% in March, Extending Disinflation Trend

Sweden’s CPIF (CPI at constant interest rates) eased to 1.6% year-over-year in March 2026, down slightly from 1.7% in February 2026, according to data updated on 7 April 2026. The measure, which strips out the direct effects of interest rate changes, continues to hover close to but below the Swedish Riksbank’s traditional 2% inflation target.

On a year-over-year basis, the latest figure indicates a further, albeit modest, cooling of underlying inflation pressures in the Swedish economy. The “actual” reading for March compares price changes in March 2026 with March 2025, while the “previous” figure for February reflects the change from February 2026 versus February 2025.

The incremental decline from 1.7% to 1.6% reinforces the broader disinflationary trend seen over recent months and may factor into market expectations around the future path of monetary policy, given CPIF’s central role as the Riksbank’s preferred gauge of underlying inflation dynamics.