Sweden Food Inflation

Year-on-year change in consumer prices of food and non-alcoholic beverages.

Food Inflation in Sweden increased to 3.72 percent in Dec 2025 from 3.09 percent in Nov 2025.

3.7%
▲ +0.6 ppDec 2025 · previous 3.1%Monthly · percent · Source: OECD — Organisation for Economic Co-operation and Development

Sweden Food Inflation — History

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Sweden Food Inflation — analysis in simple words

Latest reading

Food Inflation in Sweden increased to 3.72 percent in Dec 2025 from 3.09 percent in Nov 2025.

Over the last three months it rose twice and fell once.

Recent trend

A year earlier (Dec 2024) it was 1.7%, so the latest figure is 2.0 percentage points higher.

Over the past five years the average was 6.0%, with a range from -1.0% to 21.0%. The latest value is below that five-year average.

Historical context

This data series starts in Jan 1956 and has 840 monthly observations. The latest reading is higher than 52% of all of them.

The highest value on record is 21.0% (Feb 2023) and the lowest is -7.7% (May 1996). The long-run average is 4.6%.

Compared with other countries

Among 42 economies with recent data, Sweden ranks 16th from the top. The median across all these economies is 3.3%, so Sweden is above the typical country.

Within Europe & Central Asia (29 economies with data) it ranks 11th; the regional median is 3.4%.

Statistics

Latest
3.7%Dec 2025
Previous
3.1%
5-year average
6.0%
Long-run average
4.6%since Jan 1956
All-time high
21.0%Feb 2023
All-time low
-7.7%May 1996
Observations
840Monthly

Recent Data

PeriodValueChange
Dec 20253.7%▲ +0.6 pp
Nov 20253.1%▼ −0.6 pp
Oct 20253.7%▲ +0.4 pp
Sep 20253.3%▼ −1.4 pp
Aug 20254.7%▼ −0.3 pp
Jul 20255.1%▼ −0.3 pp
Jun 20255.3%▲ +0.1 pp
May 20255.2%▼ −0.3 pp
Apr 20255.5%▲ +0.1 pp
Mar 20255.4%▲ +1.5 pp
Feb 20253.9%▲ +1.7 pp
Jan 20252.2%▲ +0.4 pp
Dec 20241.7%▼ −0.2 pp
Nov 20241.9%▲ +0.2 pp
Oct 20241.7%▼ −0.4 pp
Sep 20242.1%▲ +0.7 pp
Aug 20241.4%▲ +0.3 pp
Jul 20241.1%▲ +0.0 pp
Jun 20241.1%▼ −0.4 pp
May 20241.5%▲ +0.8 pp
Apr 20240.7%▲ +1.4 pp
Mar 2024-0.7%▼ −1.9 pp
Feb 20241.2%▼ −2.6 pp
Jan 20243.8%▼ −1.5 pp
Dec 20235.3%▼ −0.9 pp
Nov 20236.2%▼ −0.4 pp
Oct 20236.6%▼ −1.0 pp
Sep 20237.7%▼ −1.4 pp
Aug 20239.0%▼ −1.5 pp
Jul 202310.5%

Food Inflation — Sweden vs Peers

Latest available reading for each economy (periods may differ). Sweden highlighted.

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More Sweden indicators

Understanding Food Inflation — a simple guide

What it measures

The year-on-year change in the price of food and non-alcoholic beverages in the consumer price index.

How it is calculated

Year-on-year % change in the food and non-alcoholic beverages part of the CPI basket.

Simple example

If vegetables, cereals and milk together cost 8% more than a year ago, food inflation is 8%.

▲ When it is high or rising

High food inflation hurts household budgets and often lifts headline inflation.

▼ When it is low or falling

Low or negative food inflation eases household costs but can mean lower farm incomes.

Why it matters for the economy and markets

Food is a large share of household spending, especially in emerging economies like India, so food prices strongly affect headline inflation and household budgets.

How to read it

Food inflation is volatile because of monsoon, harvests, supply problems and global commodity prices. Look at several months together rather than a single reading.

What to look at alongside it

Rainfall/monsoon, crop output, headline inflation and global food prices.

Key terms

COICOP 01
The international code for “food and non-alcoholic beverages” in CPI.

Data source

OECD — Organisation for Economic Co-operation and Development (series OECD CPI food), monthly data from Jan 1956 to Dec 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current food inflation of Sweden?
Sweden food inflation was 3.7% in Dec 2025, compared with 3.1% in the previous period, according to OECD — Organisation for Economic Co-operation and Development.
What is the highest and lowest food inflation of Sweden?
Since Jan 1956, the highest reading was 21.0% (Feb 2023) and the lowest was -7.7% (May 1996).
What does food inflation measure?
The year-on-year change in the price of food and non-alcoholic beverages in the consumer price index.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.