Sweden CPI

Sweden CPI

Consumer Price Index CPI in Sweden reached an all-time high of 315.49 Index Points in April of 2012. The latest data showed that CPI in Sweden decreased to 310.75 Index Points in January of 2015 from 314.05 Index Points in December of 2014.

We use the date chart from 2005 to 2015 by Statistics Sweden. As we all know that the whole tendency of CPI is always increased. Specifically there are two periods of time we should pay some attention.

Firstly, CPI suffered a great decrease from 2008 to 2009, it is easy to think of the American financial crisis which spread all over the world.

 Second period is the recent three years, as you can see from the chart that the CPI of Sweden fluctuated around 315 without continually increasing. Why? Is it health or not for the Sweden economy? What did the Swedish government do to deal with the situation?

Using the CPI solely we won’t have the answer. Because what matters most importantly is not the value of CPI itself, but its function to calculate the Inflation Rate, thus affecting the interest rate.