Consumer Price Index (CPI), January 2016:
Inflation rate 0.8 percent
The inflation rate was 0.8 percent in January, up from 0.1 percent in December. The Swedish Consumer Price Index (CPI) decreased by 0.3 percent from December 2015 to January 2016 (down 1.1 percent from December 2014 to January 2015).
The reweighting effects of the consumption basket amounted to 0.0 percentage points on the monthly change and 0.0 percentage points on the inflation rate.
Price decreases in clothing and footwear (-10.5 percent) according to the normal seasonal pattern contributed downwards by 0.6 percentage points while price decreases in transportation services (-7.0 percent) contributed downwards by 0.2 percentage points to the change from December 2015 to January 2016. In addition, price decreases in package holidays (-7.9 percent), telephone equipment (-3.3 percent) and home electronics (-2.3 percent) contributed downwards by 0.1 percentage point each.
Higher prices for electricity (6.0 percent) and increased prices for the use of owner occupied housing (2.4 percent) contributed upwards by 0.2 percentage points each. Increased bridge tolls (47.1 percent) where congestion taxes are included, increased prices in the group other financial services (7.0 percent), outpatient services (2.6 percent), fuels (1.4 percent) and food and non-alcoholic beverages (0.3 percent) contributed upwards by 0.1 percentage point each.
The CPI for January 2016 was 313.13 (1980=100).
The inflation rate according to CPIF was 1.6 percent in January 2016. CPIF decreased by 0.4 percent from December 2015 to January 2016 (compared to a decrease of 1.0 percent from December 2014 to January 2015).
The inflation rate according to HICP was 1.3 percent in January 2016. HICP decreased by 0.6 percent from December 2015 to January 2016.
Changes for 2016
Some adjustments will be introduced in the calculation of the Consumer Price Index as from the publication for January 2016.
For further information, see Changes in CPI as of 2016 (pdf).