Sweden's Producer Price Index m/m reflects the average change in selling prices for goods produced by Swedish industrial companies in the reported month compared to the previous one. Thus, the index shows price changes from the producer perspective.
The PPI is an early indicator of consumer prices and inflation. It is a more accurate preliminary indicator, if compared to CPI: if producer prices grow, consumer prices are expected to grow accordingly. The PPI growth can be seen as positive for the SEK quotes.