"The main driver behind the price increase in the domestic market in May came from higher prices for trade services for electricity", says Maria Bäckström, statistician at Statistics Sweden.

In brief 

• Lower prices for crude oil contributed 1.1 percentage points downwards to the monthly change in the import market.
• Prices for refined petroleum products decreased in all markets in May, compared with April 2026.
• Producer prices excluding energy-related goods increased by 2.7 percent in May, compared with the same period last year.
• The annual rate for consumer goods in Price Index for Domestic Supply increased from -0.1 percent in April to 0.8 percent in May.

Changes in the last month

The monthly rate of change was positive in the domestic and export markets, but negative in the import market in May. This resulted in a positive monthly rate of change for both Producer Price Index and Price Index for Domestic Supply during the same period.

The main upward contribution in the domestic market came from higher prices for trade services of electricity. Prices also rose for plastic products, chemicals and chemical products and materials recovery services, secondary raw materials. This upturn was partially offset by price decreases for district heating and refined petroleum products.

In the export market the main upward contribution came from higher prices for generation of electricity. Prices also rose for basic metals, chemicals and chemical procucts, other machinery and equipment, fabricated metal products, food products, plastic products, electrical equipment and motor vehicles, trailers and semi-trailers. This upturn was partially offset by price decreases for refined petroleum products.

The main contribution to the decrease in the import market came from lower prices for crude oil. Prices also fell for refined petroleum products, computers and peripheral equipment and other transport equipment. This downturn was partially offset by higher prices for chemicals and chemical products and basic metals.

Changes in the last year

The annual rate in the domestic market was 7.8 percent in May (5.5 percent in April). The annual rate in the export market was 5.4 percent during the same period (4.0 percent in April). In the import market, the annual rate in May was 9.5 percent (9.0 percent in April).

The annual rate of the Producer Price Index was 6.6 percent in May. Compared with May 2025, prices rose by 32.7 percent for energy-related products. Prices decreased by 2.7 percent for consumer goods and increased by 1.4 percent for 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 8.6 percent in May. Compared with May 2025, prices rose by 36.2 percent for energy-related products. Prices increased by 0.8 percent for consumer goods and increased by 2.6 percent for capital goods. The annual rate of the Price Index for Domestic Supply excluding energy-related products was 3.6 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.

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

PXWebAPI v2

Information about the transition from SPIN to CPA

PPI is currently published at 4-digit level, and in some cases also at the 5-digit level, in accordance with SPIN. Eurostat’s requirement for Sweden is to deliver, at the most detailed level, price indices at the 2-digit level. Starting with the publication of PPI for January 2028, PPI will be published at CPA level 3, in connection with PPI transitioning to CPA 2.2. During 2028 and 2029, PPI will be published according to both CPA 2.2 and SPIN2015.