Based on current macro regime conditions and sweden cpi yoy's historical behaviour in similar regimes, the model projects 0.44% by 2025-12-31 ( -6.1% from 0.47% today). The 68% confidence range is -5.82% to 6.70%; the wider 95% range is -11.83% to 12.71%. Methodology below the headline.
Sweden CPI YoY Forecast 2026
Quantitative analysis from 284 observations of Sweden CPI YoY history, joined to four universal macro regime classifications. Numbers are computed, not narrated.
Performance by Window[02]
| WINDOW | N | ANN RET | ANN VOL | RET/VOL | HIT % | TOTAL |
|---|---|---|---|---|---|---|
| 1Y | 13 | -88.50% | 95.20% | -0.93 | 25.0% | -88.48% |
| 3Y | 36 | -59.13% | 66.77% | -0.89 | 37.1% | -92.64% |
| 5Y | 61 | -6.03% | 2701.60% | -0.00 | 48.3% | -26.71% |
Forecast Approach
regime implied: The current macro regime classification (Goldilocks, Reflation, Stagflation, or Deflation) dictates the expected direction and magnitude of movement, calibrated against historical regime performance.
Key Drivers & Risks
- •Food and energy prices
- •Currency pass-through
- •Wage dynamics
- •Fiscal stance
- •Base effects
Historical Volatility
Moderate in DM, high in EM with currency instability
Frequently Asked Questions
What factors could push Sweden CPI YoY higher?▾
The primary drivers that tend to lift Sweden CPI YoY depend on the current macro regime. Sweden consumer price index, year-on-year change. Convex tracks these drivers live across the International Inflation category and flags when multiple forces align in the same direction. See the "Key Drivers & Risks" section on this page for the current list, and check the regime dashboard for how the macro backdrop is currently tilted.
What factors could push Sweden CPI YoY lower?▾
The same transmission channels that drive Sweden CPI YoY higher operate in reverse when conditions flip. The risk drivers listed above map directly to scenarios that, if triggered, would pull this metric in the opposite direction. Convex aggregates these into a scenario-weighted probability distribution rather than a point forecast, so the magnitude depends on which scenarios activate.
Where does consensus see Sweden CPI YoY heading?▾
Rather than publish a point target that goes stale the day after release, Convex assembles consensus from the macro regime classification, active scenario probabilities, and historical base rates. Point forecasts from banks and strategists are worth reading for context, but they typically cluster around the consensus and miss the tail events that actually move markets. The scenario-weighted approach here captures that tail risk explicitly.
What is the historical range for Sweden CPI YoY?▾
Get forecast updates for Sweden CPI YoY and related indicators.
Forecasts are model-based projections derived from current regime classification, scenario probabilities, and historical patterns. They are not investment advice. All investments involve risk.