2025年5月，瑞典零售额同比下降1.8%，扭转了上个月4.9%的强劲下调增长。这是自去年8月以来零售活动的首次下降，主要是由于耐用品（-1.5%对4月份的8.5%）和消耗品（-1.4%对1.9%）的销售额大幅下降。按月计算，零售业下降4.8%，这是四个月来的首次下降，此前一段时间上调了1.5%。

Retail sales in Sweden fell by 1.8% year-on-year in May 2025, reversing a strong downwardly revised 4.9% increase in the previous month. This marked the first decline in retail activity since August last year, mainly due to significant declines in sales of durable goods (-1.5% vs 8.5% in April) and consumables (-1.4% vs 1.9%). On a monthly basis, retail trade decreased by 4.8%, the first drop in four months, following an upwardly revised 1.5% in the preceding period.

瑞典家庭贷款的年增长率从上个月的2.3%上升到2025年5月的2.4%，为2023年2月以来的最高水平。住房贷款占家庭贷款总额的83%，5月份同比小幅增长至2.1%，而前一个月为2%。与此同时，消费贷款占家庭贷款总额的6%，年增长率为4.9%，与4月份持平。5月份新抵押贷款协议的平均利率为3.03，平均浮动利率为3.06%。2025年5月，非金融企业贷款年增长率上升1.9%，连续第四个月保持正增长。

The annual growth rate of lending to Swedish households rose to 2.4% in May 2025 from 2.3% in the previous month, marking the highest reading since February 2023. Housing loans, which make up 83% of total household lending, saw a slight increase to 2.1% year-on-year in May, compared to 2% in the prior month. Meanwhile, consumption loans, accounting for 6% of total household lending, grew at an annual rate of 4.9%, the same pace with April. The average interest rate on new mortgage agreements was 3.03 in May, with the average floating rate at 3.06%. The annual growth rate for lending to non-financial corporations rose 1.9% in May 2025, remaining in positive territory for the fourth consecutive month.

2025年5月，瑞典生产者价格指数同比下降2.8%，较上月2.4%的跌幅有所加深，标志着连续第三个月出现通货紧缩。这是自2023年12月以来的最大跌幅，主要是由于资本货物价格（-3.0%对4月的-1.0%）和中间产品价格（-4.0%对-1.2%）的大幅收缩。与此同时，消费品通胀保持温和（0.1%对1.8%）。与此同时，能源相关产品的价格继续下跌，但速度较慢（-2.3%对-13.4%），缓解了一些下行压力。不包括能源相关产品，生产者价格指数下跌2.9%，跌幅大于4月份0.6%的跌幅。按月计算，生产者价格系数下跌0.5%，较4月份1.6%的跌幅有所缓和，为三个月来最温和的跌幅。

Producer prices in Sweden dropped 2.8% year-on-year in May 2025, deepening from a 2.4% fall in the previous month and marking the third consecutive month of deflation. This was the steepest decline since December 2023, primarily driven by sharper contractions in capital goods prices (-3.0% vs -1.0% in April) and intermediate goods (-4.0% vs -1.2%). Meanwhile, inflation in consumer goods remained subdued (0.1% vs 1.8%). Simultaneously, prices of energy-related products continued to decline but at a slower pace (-2.3% vs -13.4%), easing some downward pressure. Excluding energy-related products, producer prices shrank 2.9%, a sharper fall than a 0.6% decrease in April. On a monthly basis, the producer price index slipped 0.5%, easing from a 1.6% drop in April and marking the mildest fall in three months.

瑞典生产者价格指数（月环比）：-0.5%（5月）对-1.6%。瑞典生产者价格指数（月环比）：-0.5%（5月）对-1.6%

Sweden Producer Price Index (MoM): -0.5% (May) vs -1.6%.Sweden Producer Price Index (MoM): -0.5% (May) vs -1.6%