Sweden's Consumer Price Index (CPI) m/m reflects a change in prices for goods and services from a consumer basket, in the given month compared to the previous one. The CPI reflects price changes from the perspective of households, which represent the end consumers of goods and services, and thus the index demonstrates the price change for the entire private domestic consumption.
This is a key indicator of national inflation, and it may affect interest rates, tax incentives, wages and government benefits. The indicator growth can be seen as positive for the SEK quotes.