Monetary policy

According to the Sveriges Riksbank Act, the objective for monetary policy is "to maintain price stability". The Riksbank has interpreted this objective to mean a low, stable rate of inflation. More precisely, the Riksbank's target is to hold inflation in terms of the CPIF around 2 per cent a year.

Repo rate

0%
Applies from 1 December 2021

Graph and table

The inflation target

2%
Target for CPIF

The inflation target

CPIF, December 2021

4.1%
(3.6 percent in November 2021)

How is inflation measured?