Sweden's consumer price inflation increased as initially estimated in August to the highest level in six months, the latest data from Statistics Sweden showed on Thursday.
The consumer price index, or CPI, rose 1.1 percent year-over-year in August, following a 0.8 percent increase in July. That was in line with the flash data published on September 4.
The spike in inflation was largely driven by a 25.0 percent surge in electricity costs and a 4.7 percent rise in costs for food and non-alcoholic beverages.
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