Changes in the last month

Prices increased on the export and import markets between March and April. This is mainly explained by currency effects that contributed to price increases in several product groups. On the domestic market, the monthly change was instead negative.

On the import market, the main contributions to the upturn came from higher prices on machinery, motor vehicles and computers. Together with food products, electrical equipment, basic metals and fabricated metal products contributed further to the upturn. This was to some extent offset by lower prices on crude oil and pharmaceutical preparations.

On the export market, the main contributions came from price increases on machinery, basic metals and paper and paper products. Chemicals, chemical products and motor vehicles were other products that experienced price increases. At the same time, the upturn was offset by lower prices on electricity.

On the domestic market, prices fell from March to April, mainly due to seasonal price declines in district heating. Other energy-related products, such as electricity and distribution services of electricity, also contributed downwards. This was partly offset by price increases on meat and meat products, fabricated metal products, and parts and accessories for motor vehicles.

Non-response due to the ongoing coronavirus pandemic is considered to be marginal in April.

Changes in exchange rates

An appreciation or depreciation of the Swedish currency lowers or raises export and import prices in the Swedish krona. Prices at the producer and import stages are converted from foreign currencies to Swedish kronor according to the Swedish Customs’ exchange rates.