From 18.7 percent a month earlier, annual producer inflation in Sweden decreased to 11.8 percent in January 2023. Due to slower price increases for capital goods (11.7 percent vs. 45.1 percent in December 2022) and energy-related items, it was the lowest produce inflation since June 2021. (11.8 percent vs 12.8 percent). Meanwhile, consumer goods’ prices rose quickly. (15.7 percent vs 14.8 percent). Producer prices increased by 12.9% when energy-related goods are excluded, slowing from a 13.4% increase in the previous month. Producer prices dropped 5.2 percent on a monthly basis, reversing a December rise of 2.1 percent.
Source: Statistics Sweden
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