
Sweden Unemployment Rate 8.7% in May-24
- Sweden's unemployment rate decreased to 8.7% in May 2024, marking the lowest level since February 2024 but still remaining above historical averages.
- Despite a slight improvement in unemployment, mixed economic indicators indicate ongoing pressures in the labour market and economy overall.

Sweden CPI Inflation 3.7% y-o-y (consensus 3.5%) in May-24
- Sweden's CPI inflation rate of 3.7% y-o-y in May 2024, down from 3.9% previously, suggests a cooling trend, significantly below the 1-year average yet 0.2pp above the consensus.
- The relatively subdued CPIF inflation rate of 2.3% y-o-y and modest increases in PPI and household lending indicate stabilizing input costs, signalling a cautious economic outlook.

Sweden Unemployment Rate 8.9% in Apr-24
- Sweden's unemployment rate in April 2024 dropped by 0.3pp to 8.9% but only reversed part of March's rise.
- The rate remains above the one-year average, indicating ongoing labour market challenges.

Sweden CPI Inflation 3.9% y-o-y (consensus 4.0%) in Apr-24
- Sweden's CPI inflation slowed again in April 2024 to 3.9% y-o-y, slightly undershooting market expectations to reach the lowest since January 2022.
- CPI inflation's downward trend has taken the rate significantly below the recent average amid weakening core price pressures.
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