Producer prices in Sweden fell 3.1% year-on-year in June 2025, deepening from a 2.8% decline in the previous month and marking the fourth consecutive month of deflation. This was the steepest drop since December 2023, primarily driven by sharper contractions in energy-related products (–9.2% vs –2.3%). Meanwhile, prices of capital goods declined at a slower pace (–2.4% vs –3.0% in May). In contrast, inflation in consumer goods accelerated (0.8% vs 0.1%). Excluding energy-related products, producer prices fell 2.3%, a smaller drop than the 2.9% decline recorded in May. On a monthly basis, the producer price index slipped 0.6%, following a 0.5% decline in May.