Increased international trade is a globally identifiable trend. Imports in Sweden have increased in relation to GDP between 1992 and 2022. This increase has led to discussions about its potential impact on inflation, as the price level of imported goods becomes more important for the development of the Swedish economy. This study aims to investigate the effect of import prices on inflation and whether the increase in goods imports from China can explain inflation levels in Sweden from 1992 to 2022. Sweden was chosen due to its low inflation levels and high economic growth. The report employs a multiple linear regression based on the Neoclassical Phillips curve. The results indicate a statistically significant effect of the import price index on inflation in Sweden, but no significant relationship was found between increased imports from China and Swedish inflation which contradicts previous studies. The relationship between the import price index and inflation corresponds with previous research, however with a relatively low effect.