Monetary policy

The objective of monetary policy is to maintain a low and stable rate of inflation. More precisely target is to hold CPIF inflation at around 2 per cent a year. Without neglecting the inflation target, the Riksbank shall moreover contribute to a balanced development of output and employment. Monetary policy is the measures the Riksbank takes to achieve this.

Policy rate

4.00%
Applies from 7 February 2024

Graph and table

The inflation target

2%
Target for CPIF

The inflation target

CPIF, February 2024

2.5%
(3.3 percent in January 2024)

How is inflation measured?