CPI y/y (SEK) comes in at 0.2% against 0.4% consensus

Sweden’s Consumer Price Index year over year, CPI y/y, for August 2026 was released at 0.2%. This figure came in below the consensus expectation of 0.4%. The actual print represented a -50.0% surprise compared to the consensus. The previous month’s reading was 0.7%.

USDSEK moved +23 pips five minutes after the release. Fifteen minutes after the release, USDSEK was up +82 pips. Historically, USDSEK has seen a median one-hour move of 139 pips after past releases. Top-quarter releases have seen moves of 153 pips or more. The measured move so far is smaller relative to the median historical one-hour move. Directional reliability statistics are not yet available for this pair.