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Sweden Inflation Remains Steady In December

Sweden's consumer price inflation held steady in December, data survey from Statistics Sweden showed on Monday.

The consumer prices climbed 2.0 percent year-on-year in December, the same rate of increase as in November. The economists' expectation was 2.0 percent.

The underlying inflation rate according to the CPI with a fixed interest rate, or CPIF, rose to 2.2 percent in December from 2.1 percent in November. The economists' expectation was 2.1 percent.

On a month-on-month basis, the CPI rose 0.4 percent, which was the first increase in three months.

The monthly increase was mainly driven by the price rise in transport services.

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