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 17 February 2021

Graph and table

The inflation target

2%
Target for CPIF

The inflation target

CPIF, January 2021

1.7%
(0.5 percent in December 2020)

How is inflation measured?