Consumer Price Index (CPI), October 2026
The inflation rate according to the CPI was 0.9 percent in October 2026
Statistical news from Statistics Sweden 2026-11-12 8.00
The inflation rate according to the CPI in October 2026 was 0.9 percent, down from 1.1 percent in September. The monthly change for the CPI from September to October was 0.0 percent. The inflation rate according to the CPIF (Consumer Price Index with fixed interest rate) was 1.1 percent in October, down from 1.5 percent in September.
“Small price movements left the monthly change from September to October unchanged,” says Caroline Neander, statistician at Statistics Sweden.
In brief
Index, monthly and 12-month change for the CPI, the CPIF, and the CPIF-XE
| Index numbers | Monthly changes, percent | 12-month changes, percent |
|
|---|---|---|---|
| CPI (2020=100) | 125.97 | 0.0 | 0.9 |
| CPIF (2020=100) | 124.53 | 0.0 | 1.1 |
| CPIF-XE (2020=100) | 122.96 | -0.1 | 0.1 |
Monthly change since September 2026
- Prices of electricity, gas, and other fuels rose by 1.4 percent from September to October.
- Fuel prices increased by 3.7 percent.
12-month change since October 2025
- Fuel prices went up by 25 percent during the past year.
- The price increases for electricity and fuel contributed one percentage point to the inflation rate.
- Food prices continued to be lower compared to the same month last year.
- Prices for bar and restaurant visits were higher in October than in the same month last year.
The monthly change was unchanged in October
The overall price development from September to October was unchanged at 0.0 percent. In the corresponding period last year, prices increased by 0.3 percent.
It was mainly price increases for fuels from September to October. In addition, prices went up for electricity, gas and other fuels. The price increases were largely offset by lower prices for package holidays.
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 October 2026. The results are presented by COICOP category. COICOP refers to the United Nations classification of household consumption expenditure.
Monthly contributions to the CPI for goods and services
| Category (Coicop) | Monthly changes, percent | Contribution to CPI, Monthly change, percentage points |
|---|---|---|
| Electricity, gas and other fuels (04.5) | 1.4 | 0.1 |
| Fuels and lubricants for personal transport equipment (07.2.2) | 3.7 | 0.1 |
| Package holidays (09.8) | -10.8 | -0.2 |
Contributions to the inflation rate in October
The inflation rate according to the CPI, that is, the change in the CPI from the corresponding month last year, was 0.9 percent in October. This was a decrease from September when the inflation rate was 1.1 percent.
Rising energy prices were the main contributor to the inflation rate in October. Fuel prices increased by 25 percent, where diesel and petrol prices rose by 38 percent and 16 percent respectively. In addition, electricity prices rose by 14 percent. This year's rents for rental apartments increased 3.3 percent and continued to contribute to the inflation rate. Costs for maintenance and repair of owner-occupied housing rose as well. Furthermore, the price of bar and restaurant visits increased.
The overall price increase was partly offset by lower prices for food and non-alcoholic beverages, where dairy products, chocolate, sugar, sweets and desserts were among the food items that fell the most in price. Compared to last year, prices in dental services and public transport declined due to reforms in both areas.
The inflation rate according to the CPIF, which unlike the CPI is not affected by changes in interest rates on household mortgages, was 1.1 percent in October, down from 1.5 percent in September. The inflation rate for the CPIF calculated excluding energy (CPIF-XE), was 0.1 percent in October, which can be compared with 0.5 percent in September.
The table below shows the 12-month changes and contributions to the CPI based on the goods and services that had the greatest impact on the CPI in October 2026. The results are presented by COICOP category. COICOP refers to the United Nations classification of household consumption expenditure.
Contributions to the inflation rate
| Category (Coicop) | 12-month change, percent | Contribution, 12-month change, CPI percentage points |
|---|---|---|
| Food and non-alcoholic beverages (01) | -7.0 | -1.0 |
| Rents for rental apartments (04.1.1.0) | 3.3 | 0.2 |
| Depreciation, owner-occupied one- and two dwelling buildings (04.2.1.0.B) | 9.6 | 0.2 |
| Electricity (04.5.1) | 14.3 | 0.5 |
| Outpatient dental services (06.2.2) | -22.1 | -0.2 |
| Fuels (07.2.2) | 25.2 | 0.5 |
| Public transport (07.3.5.0) | -25.9 | -0.2 |
| Food and beverage serving services (11.1) | 2.7 | 0.2 |
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.
Measures of inflation
Statistics Sweden reverts to a previous data source for flight tickets
In connection with the CPI for January 2026, Statistics Sweden started to use a new data source for flights (COICOP class 07.3.3 Passenger transport by air). In the spring, Statistics Sweden was informed that the data source will be discontinued in July 2026. For more information, see:
Change of data source for flights (pdf)
Updated classification and reference year for the Swedish CPI
As from January 2026 the Swedish CPI changed reference year, from 1980 to 2020. At the same time the classification was updated from COICOP 1999 to COICOP 2018. More information is available here:
Updated classification and reference year for the Swedish CPI
Statistics Sweden has carried out an analysis of how the rate of change figures are affected by the classification change. The effects are considered to be small. If the classification change would have taken place already last year, the 12-month change in October 2026 for the CPI would have been unchanged. For the CPIF, CPIF-XE and HICP, the corresponding calculation shows that the 12-month change in October 2026 would have been 0.01 and 0.04 higher and 0.01 percentage points lower. Statistics Sweden will follow up the effects of the changed classification throughout 2026.
For more methodological information, see:
Changes for users retrieving data via the API
In the autumn of 2025, PxWebApi v1 was replaced by the new PxWebApi v2. PxWebApi v1 will remain operational until the turn of the year 2026/2027, after which it will no longer be available. For further information and guidance on the transition, see:
Upcoming publication dates
CPI flash estimate
2026-12-04 at 8.00 am.
Ordinary publication
2026-12-11 at 8.00 am.