Sweden's electricity market has experienced significant fluctuations recently, with prices reaching a peak of ****** euros per megawatt-hour in December 2022. In October 2025, the average wholesale electricity price amounted to ***** euros per megawatt-hour, reflecting a substantial decrease from the historic high.
Economic factors influencing electricity prices
The fluctuations in electricity prices can be attributed to various economic factors affecting Sweden. The Consumer Price Index (CPI) in the country has shown a steady increase since 2015, rising from *** to 418.13 in August 2025.
Consumer sentiment and household concerns
The economic instability has had a significant impact on consumer confidence in Sweden. In November 2023, the consumer confidence index (CCI) reached *****, having fallen to a low of 93.92 in October. This decrease in consumer sentiment was reflected in household concerns, with nearly two out of three Swedes expressing worry about increasing household expenses.
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Ember. (November 24, 2025). Average monthly electricity wholesale price in Sweden from January 2019 to November 2025 (in euros per megawatt-hour) [Graph]. In Statista. Retrieved December 18, 2025, from https://www.statista.com/statistics/1271491/sweden-monthly-wholesale-electricity-price/
Ember. "Average monthly electricity wholesale price in Sweden from January 2019 to November 2025 (in euros per megawatt-hour)." Chart. November 24, 2025. Statista. Accessed December 18, 2025. https://www.statista.com/statistics/1271491/sweden-monthly-wholesale-electricity-price/
Ember. (2025). Average monthly electricity wholesale price in Sweden from January 2019 to November 2025 (in euros per megawatt-hour). Statista. Statista Inc.. Accessed: December 18, 2025. https://www.statista.com/statistics/1271491/sweden-monthly-wholesale-electricity-price/
Ember. "Average Monthly Electricity Wholesale Price in Sweden from January 2019 to November 2025 (in Euros per Megawatt-hour)." Statista, Statista Inc., 24 Nov 2025, https://www.statista.com/statistics/1271491/sweden-monthly-wholesale-electricity-price/
Ember, Average monthly electricity wholesale price in Sweden from January 2019 to November 2025 (in euros per megawatt-hour) Statista, https://www.statista.com/statistics/1271491/sweden-monthly-wholesale-electricity-price/ (last visited December 18, 2025)
Average monthly electricity wholesale price in Sweden from January 2019 to November 2025 (in euros per megawatt-hour) [Graph], Ember, November 24, 2025. [Online]. Available: https://www.statista.com/statistics/1271491/sweden-monthly-wholesale-electricity-price/
