Swedish consumer price index rose 1.6% year‑on‑year in March, according to statistics office flash estimate.
The CPIF measure, which excludes mortgage rate effects, is Sweden’s primary inflation gauge monitored by the central bank.
CPIF inflation came in at 1.6%, missing the 2.2% forecast from a Reuters analyst poll.
The lower‑than‑expected inflation may influence Riksbank policy decisions on interest rates.