Swedish inflation holds steady – but food prices are on the rise

2023-08-15 09:58:35

After a spring of falling food prices in Sweden, they increased 1.4 percent month-on-month in Julyclimbing back up to the same levels as in March, according to number-crunchers Statistics Sweden.

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Yellow onions led the charge, getting a whopping 29 percent more expensive than in June.

Although food prices generally fluctuate throughout the year depending on what’s in season, this was higher than the average 1 percent rise Sweden normally sees in July.

Food and package holidays were some of the main drivers of general price increases in Sweden last month. Offset by falling electricity prices, they contributed to an unchanged overall inflation rate.

Year-on-year, the price of food and non-alcoholic beverages has risen 10.5 percent.

Here are the ten food times that saw the highest month-on-month price increase in Sweden in July (the year-on-year price increase or decrease in brackets):

Yellow onions: 29.2 percent (55.7 percent)

Pears: 23.1 percent (52.7 percent)

Canned herring: 15.6 percent (13.3 percent)

Cucumber: 10.9 percent (-18.7 percent)

Tomatoes: 8.9 percent (39.8 percent)

Oranges: 8.3 percent (25.4 percent)

Butter: 7.6 percent (9.1 percent)

Cod fillets: 7.2 percent (9.5 percent)

Cider: 6.2 percent (13.0 percent)

Carrots: 5.8 percent (34.1 percent)

And here are the top ten food items that got less expensive in July:

Leek: -16.5 percent (64.4 percent)

Mandarin oranges: -15.2 percent (14.4 percent)

White cabbage: -14.8 percent (-1.9 percent)

Cauliflower: -14.4 percent (2.7 percent)

Bell peppers: -10.0 percent (8.2 percent)

Fresh herbs and spices: -3.8 percent (7.3 percent)

Fresh berries: -3.7 percent (23.8 percent)

Salad: -2.7 percent (2.3 percent)

Grapes: -2.2 percent (20.2 percent)

Avocados, mangoes, etc: -2.1 percent (-3.1 percent)