Consumer prices in Sweden spiked 1.2% year-on-year in February, faster than the 0.6% increase in January, Statistics Sweden said on Thursday.
On a monthly basis, consumer prices increased 0.6%. Increased prices of electricity, clothing, furnishings & household goods, transport, and recreation & culture contributed to the upswing, the statistical agency said.
Meanwhile, the underlying CPIF inflation rate stood at 2.7%. Compared to January, the CPIF inflation rate stood at 0.6%.
The country's harmonized index of consumer prices increased by 2.8% on a yearly basis and by 0.6% on a monthly basis.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.