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Statistics Sweden puts the country's CPI inflation at 1.1 per cent, with CPIF at 1.5 per cent

Statistics Sweden published the Consumer Price Index for September 2026. The inflation rate according to the CPI in September 2026 was 1.1 percent, up from 0.3 percent in August. The inflation rate according to the CPIF was 1.5 percent in September, up from 0.7 percent in August. The CPI index stood at 125.94 and the CPIF index at 124.50, both on a 2020 = 100 base. The figures were published on 14 October 2026. The CPIF is the measure the Riksbank uses for its inflation target.

CPI inflation, September 2026: 1.1 percent CPIF inflation, September 2026: 1.5 percent CPI index: 125.94
Why it matters for exams: Banking and economy papers ask which index a central bank targets, and Sweden's CPI and CPIF pair makes that distinction unusually clear.
UPSCSSCBank
24 October 2026 Source: Statistics Sweden

In plain words

CPIF Consumer Price Index with fixed interest rate — A Swedish inflation measure that strips out the effect of changing mortgage interest rates.

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