• Electricity prices went down by 6.3 percent from May to June.
• The price for car rental went up by 30.4 percent from May to June.
• In June, the price for package holidays were 31.1 percent higher than in May.
• Fuel prices went up with 2.6 percent compared to last month, but were 11.3 percent lower than June last year.
• Food and non alcoholic beverages continued to contribute to a positive inflation rate in June.
• Interest expense and ROT tax deduction contributed to a lower inflation rate.

Package holiday prices increased in June

The total price development from May to June was an increase by 0.5 percent. In the corresponding period last year, prices decreased by 0.1 percent.

From May to June, the prices on fuels, car rental and transport services went up. Within transport serivces, it was mainly foreign flights that increased in price, which is common for the season. Prices for package holidays and catering services rose, which is also customary in June.

The price increases were partly offset by lower electricity prices. Moreover, prices fell for accommodation services and clothing.

The table below shows changes on a monthly basis and contributions to the CPI based on the goods and services that had the greatest impact on the CPI in June 2025. The results are presented by COICOP category. COICOP refers to the United Nations classification of household consumption expenditure.

Contributions to the inflation rate in June

The inflation rate according to the CPI, that is, the change in the CPI from the corresponding month last year, was 0.7 percent in June. This was an increase from May when the inflation rate was 0.2 percent.

The inflation rate in June was mostly affected, like previous months, by price increases for food and non-alcoholic beverages. There were mainly higher prices for coffee, chocolate and dairy products. Furthermore, recreation and culture, where package holidays are included, contributed to the inflation rate. Besides, prices within miscellaneous goods and serivces went up, especially within personal hygine. Moreover, prices rose for clothing and footwear, restaurants and hotels.

The price increases were partly offset by costs for housing. It was mainly interest rate and ROT tax deduction that contributed to lower inflation. However, rents continued to be higher compared to last year. Moreover, lower prices on fuel had a negative contribution to the inflation rate.

The inflation rate according to the CPIF, which unlike the CPI is not affected by changes in interest rates on household mortgages, was 2.8 percent in June, up from 2.3 percent in May.

The inflation rate for CPIF calculated excluding energy (CPIF-XE), was 3.3 percent in June, which can be compared with 2.5 percent in May.

Different measures of inflation

Statistics Sweden calculates different inflation measures for different purposes. The CPIF is the Riksbank’s target variable, while CPI is the measure used for purposes of compensation. The CPIF includes the same goods and services as CPI. The difference between the CPI and the CPIF is that the latter measure holds interest rates for household’s mortgages constant. Consequently, the effect of changed interest rates for household’s mortgages is only captured by the CPI and not the CPIF.

Additional to the CPI and the CPIF, the HICP is also calculated. The HICP is a harmonized measure of inflation used within the EU cooperation. Another index that is calculated each month is CPIF-XE (the CPIF excluding energy products) which is often used as a measure of underlying inflation.