In brief

• Prices for refined petroleum products increased after four consecutive months of declines.
• Lower prices on electricity and district heating in June compared to May contributed downwards on the domestic market.
• The annual rate of the Producer Price Index excluding energy-related products increased from -2.9 percent in May to -2.3 percent in June.
• The annual rate for consumer goods in Price Index for Domestic Supply increased from 0.5 percent in May to 1.2 percent in June.

Changes in the last month

The monthly rate of change was positive on the export and import markets, but negative on the domestic market in June. 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 electricity, gas, steam and district heating Prices also fell within electrical equipment. This downturn was offset by higher prices on refined petroleum products, motor vehicles, trailers and semi-trailers, natural water, water treatment and supply services, waste collection, treatment and disposal- and materials recovery services and food products.

On the export market the main upward contribution came from higher prices on refined petroleum products. Prices also rose in motor vehicles, trailers and semi-trailers, basic precious and other non-ferrous metals, other machinery and equipment and chemicals and chemical products.

The main contribution to the increase on the import market came from higher prices on crude oil. Prices also rose in refined petroleum products, motor vehicles, trailers and semi-trailers, other transport equipment and basic pharmaceutical products and pharmaceutical preparations.

Changes in the last year

The annual rate for the domestic market was 0.0 percent in June (1.2 percent in May). The annual rate for the export market was -6.0 percent during the same period (-6.7 percent in May). On the import market, the annual rate in June was -5.6 percent (-7.1 percent in May).

The annual rate of the Producer Price Index was -3.1 percent in June. Compared with June 2024, prices fell by 9.2 percent on energy-related products. Prices increased by 0.8 percent on consumer goods and decreased by 2.4 percent on capital goods. The annual rate of the Producer Price Index excluding energy-related products was -2.3 percent.

The annual rate of the Price Index for Domestic Supply was -3.1 percent in June. Compared with June 2024, prices fell by 13.1 percent on energy-related products. Prices increased by 1.2 percent on consumer goods and decreased by 1.0 percent on capital goods. The annual rate of the Price Index for Domestic Supply excluding energy-related products was -1.3 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.