Coffee, fruit, and berries contributed to food prices falling on average in June compared to May. Vegetable prices are also down 0.1 percent compared to a year ago. The price decrease comes after several months of smaller price increases.
I think you can count on fairly stable prices for a while now, says Ulf Mazur, CEO and founder of Matpriskollen.
Despite the decline in June compared to May, food prices are 2.5 percent higher than a year ago. Ulf Mazur says that the continued focus on food prices helps to keep it down.
Consumers are still aware, it puts pressure on the chains.
Strong krona
Coffee prices have fallen by around 3 to 15 kronor per package in the last month, according to the compilation. Better harvests after the raw material price hit new price records contribute to the decline. The strong Swedish krona also makes it cheaper.
It makes a difference for a product like coffee that is traded in dollars. It is mainly against the dollar that the krona has become much stronger.
But while the Swedish krona has surged against the dollar, it has only strengthened marginally against the euro. Food imports are mainly traded with euros.
One should be satisfied that it does not go in the other direction, but that the krona is actually strong, given that about half is imported, says Ulf Mazur and adds:
Just the fact that we have a stronger krona makes it hold back price increases.
Meat prices rise
On the other hand, meat prices continue to rise in June. Above all, the price of beef is taking off after a shortage of the product.
There are long-term problems because there are too few slaughter animals.
One of several reasons for the shortage of slaughter animals is the high price of dairy products.
They keep the cows longer in milking instead of sending them to slaughter, because they get so well paid for the milk now.
Sophie Gräsberg/TT
Fact: How food prices are measured
TT
This is how the measurement methods differ between SCB and Matpriskollen:
SCB actually measures sales and actual prices, and is based on a basket of goods that is determined once a year, where different goods "weigh" differently depending on how much of a particular good people buy.
The distribution of commodity groups in the basket for 2025 is determined based on consumers' purchasing patterns in 2023 (the nearest completed calendar year) and the specific goods in the selection are chosen based on data for both 2023 and 2024.
Matpriskollen is based on advertised regular prices for over 40,000 different goods from the major chains. Matpriskollen thus measures prices, but does not take into account actual sales.
Sources: SCB and Matpriskollen
