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13.08.202606:00:00UTC+00Sweden’s Core Inflation Holds Steady in July as CPIF ex Energy MoM Remains at 0.40%

Sweden’s underlying inflation, excluding energy, remained unchanged in July 2026, with the CPIF ex Energy rising 0.40% month-on-month—the same pace recorded in June 2026. According to data updated on 13 August 2026, the month-over-month measure suggests that core price pressures held steady rather than accelerating or easing at the start of the third quarter.

The CPIF ex Energy MoM figure compares price changes in July against June, while the previous reading compared June against May. With both months posting an identical 0.40% increase, the data indicate a stable short-term trend in core inflation dynamics, offering policymakers and markets a consistent reference point for assessing Sweden’s price environment stripped of volatile energy components.

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