In brief

• The largest contribution to the monthly downturn on the domestic market came from lower prices of trade services of electricity.
• Prices for refined petroleum products decreased on all markets in December compared to November.
• Producer prices for energy-related goods increased by 2.8 percent in December 2025 compared to the same period last year.
• The annual rate for consumer goods in Price Index for Domestic Supply decreased from 1.5 percent in November to -0.3 percent in

Changes in the last month

Regarding the development on the domestic, export and import markets, the monthly rate of change was negative on all markets in December. This resulted in a negative monthly rate of change for both Producer Price Index and Price Index for Domestic Supply during the same period.

The largest negative contribution on the domestic market came from lower prices on trade services of electricity. Prices also fell within refined petroleum products and basic chemicals. This downturn was offset by higher prices on district heating, other machinery and equipment, basic precious and other non-ferrous metals as well as distribution services of electricity.

On the export market the main negative contribution came from lower prices on refined petroleum products. Prices also fell within other machinery and equipment, paper and paper paperboard, basic chemicals and food products. This downturn was offset by higher prices on basic precious and other non-ferrous metals and other transport equipment.

The main contribution to the decrease on the import market came from lower prices on refined petroleum products. Prices also fell within crude oil, food products, electrical equipment, basic pharmaceutical products and pharmaceutical preparations, other organic basic chemicals, fabricated metal products, other machinery and equipment and basic iron and steel.

Changes in the last year

The annual rate for the domestic market was 1.2 percent in December (2.3 percent in November). The annual rate for the export market was -6.5 percent during the same period (-4.9 percent in November). On the import market, the annual rate in December was -6.7 percent (-4.4 percent in November).

The annual rate of the Producer Price Index was -2.7 percent in December. Compared with December 2024, prices fell by 2.8 percent on energy-related products. Prices decreased by 1.6 percent on consumer goods and decreased by 2.5 percent on capital goods. The annual rate of the Producer Price Index excluding energy-related products was -2.7 percent.

The annual rate of the Price Index for Domestic Supply was -3.1 percent in December. Compared with December 2024, prices fell by 8.2 percent on energy-related products. Prices decreased by 0.3 percent on consumer goods and decreased by 1.9 percent on capital goods. The annual rate of the Price Index for Domestic Supply excluding energy-related products was -2.2 percent.

Changes in exchange rates

An appreciation or depreciation of the Swedish currency lowers or raises export and import prices in Swedish kronor. Prices at the producer and import stages are converted from foreign currencies to Swedish kronor according to the Riksbank’s exchange rates.