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 7 July 2021

Graph and table

The inflation target

2%
Target for CPIF

The inflation target

CPIF, June 2021

1.6%
(2.1 percent in May 2021)

How is inflation measured?