Producer and Import Price Index, September 2026
Producer prices increased in all markets in September 2026
Statistical news from Statistics Sweden 2026-10-26 8.00
The Producer Price Index rose by 3.4 percent in September compared with August 2026. Prices increased by 3.6 percent in the export market and increased by 4.5 percent in the import market. In the domestic market, prices rose by 3.3 percent. The annual rate according to the Producer Price Index was 11.2 percent in September (6.8 percent in August).
”The annual rate of PPI in September 2026 was 11.2 percent, the highest since January 2023”, says Carl Mårtensson, price statistician at Statistics Sweden.
In brief
- The monthly rate of PPI in September was 3.4 percent, which was the highest monthly rate since March 2022.
- Prices for refined petroleum and electricity increased in all markets in September compared with August 2026.
- Producer prices excluding energy-related goods increased by 6.2 percent in September 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 August to 0.6 percent in September.
Percentage change
| Total: SPIN B–E* | Change, percent (monthly) | Change, percent (yearly) |
|---|---|---|
| August 2026– September 2026 |
September 2025–September 2026 | |
| Producer Price Index, home sales | 3.3 | 10.2 |
| Export Price Index | 3.6 | 12.4 |
| Import Price Index | 4.5 | 15.5 |
| Producer Price Index | 3.4 | 11.2 |
| Price Index for domestic supply | 3.9 | 12.9 |
Changes in the last month
Regarding the development in the domestic, export and import markets, the monthly rate of change was positive in all markets in September. 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. Higher prices for petroleum products had a major impact to the upturn as well. Price increases for basic chemicals, basic metals and district heating also contributed to the upturn. This upturn was partially offset by price decreases for food products.
In the export market the main upward contribution came from higher prices for refined petroleum products. Prices also rose for generation of electricity, motor vehicles, trailers and semi-trailers, basic metals, basic chemicals, other machinery and equipment, paper and paper products, electrical equipment and food products.
The main contribution to the increase in the import market came from higher prices for crude oil. Refined petroleum products had a major impact to the upturn as well. Prices also rose for natural gas, computer, electronic and optical products, basic metals, electrical equipment, basic chemicals, other machinery and equipment, motor vehicles, trailers and semi-trailers, food products, basic pharmaceutical products and pharmaceutical preparations and generation of electricity.
Largest contribution to total change, in percentage points, August-September 2026
| Product group according to SPIN 2015 | Largest contributions, in percentage points, to total percentage change, August 2026–September 2026 | |||
|---|---|---|---|---|
| Producer Price Index, home sales | Export Price Index | Import Price Index | ||
| 06.1 | Crude oil | 2.5 | ||
| 06.2 | Natural gas | 0.1 | ||
| 10 | Food products | -0.1 | 0.1 | 0.1 |
| 17 | Paper and paper products | 0.2 | ||
| 19.2 | Refined petroleum products | 1.0 | 1.2 | 0.8 |
| 20.1 | Basic chemicals | 0.1 | 0.3 | 0.1 |
| 21 | Basic pharmaceutical products and pharmaceutical preparations |
0.1 | ||
| 24 | Basic metals | 0.1 | 0.3 | 0.1 |
| 26 | Computer, electronic and optical products |
0.2 | ||
| 27 | Electrical equipment | 0.1 | 0.1 | |
| 28 | Other machinery and equipment | 0.2 | 0.1 | |
| 29 | Motor vehicles, trailers and semi-trailers |
0.3 | 0.1 | |
| 35.11A | Generation of electricity | 0.6 | 0.1 | |
| 35.14 | Trade services of electricity | 1.9 | ||
| 35.3 | District heating | 0.1 | ||
Monthly change between August and September, different years, in percent
Changes in the last year
The annual rate in the domestic market was 10.2 percent in September (7.0 percent in August). The annual rate in the export market was 12.4 percent during the same period (6.8 percent in August). In the import market, the annual rate in September was 15.5 percent (9.5 percent in August).
The annual rate of the Producer Price Index was 11.2 percent in September. Compared with September 2025, prices rose by 42.1 percent for energy-related products. Prices increased by 1.0 percent for consumer goods and increased by 3.1 percent for capital goods. The annual rate of the Producer Price Index excluding energy-related products was 6.2 percent.
The annual rate of the Price Index for Domestic Supply was 12.9 percent in September. Compared with September 2025, prices rose by 48.1 percent for energy-related products. Prices increased by 0.6 percent for consumer goods and increased by 5.4 percent for capital goods. The annual rate of the Price Index for Domestic Supply excluding energy-related products was 6.1 percent.
Percentage change, compared with the corresponding month a year ago
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.
Evolution of the Swedish krona exchange rate against the most common trade weighted currencies
| Currency | Change, percent (monthly) | Change, percent (yearly) |
|---|---|---|
| August 2026- September 2026 |
September 2025–September 2026 | |
| DKK | -1.9 | -1.9 |
| EUR | -1.9 | -2.1 |
| GBP | -1.6 | -3.3 |
| NOK | -3.0 | -9.4 |
| USD | -2.6 | -3.9 |
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
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.
Definitions and explanations
The Producer Price Index home sales (HMPI) measures changes in Swedish producers’ prices of products sold in Sweden.
The Export Price Index (EXPI) measures changes in Swedish producers’ prices of products sold outside of Sweden, both within and outside the EU.
The Import Price Index (IMPI) measures changes in the prices of imports of products into Sweden.
The Producer Price Index (PPI) measures changes in the prices of Swedish producers’ total sales, obtained by combining the HMPI and the EXPI.
The Price Index for Domestic Supply (ITPI) measures changes in the prices of products sold in Sweden, obtained by combining the HMPI and the IMPI.
Comments
A positive number means that the Swedish krona was strengthened against that currency.