Your European Dream Trip Just Got Pricier
Imagine you are a Swedish resident planning a vacation to Italy.
Price of a €1000 holiday package
In 2015 ~9300 SEK
In recent years ~11000+ SEK
Your krona buys less. The exact same trip costs you at least 1700 SEK more because the krona is weaker against the Euro. You have to work longer or save more just to afford the same thing.
Imported Goods Are Costing You More
Imagine you want to buy a high-end electronic device priced in USD.
Price of a $1000 laptop
In 2015 ~8500 SEK
In recent years ~10500+ SEK
Everything imported is more expensive. The same laptop costs you at least 2000 SEK more because the krona is weaker against the dollar. This is why prices for imported goods in Sweden rise even when inflation seems stable.
0 Comments