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Sweden Inflation Confirmed At 0.3%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Sweden's consumer price inflation held steady as initially estimated in December after easing to a 6-month low in the previous month, the latest data from Statistics Sweden showed on Thursday.

The consumer price index, or CPI, rose 0.3 percent year-over-year in December, the same as in November. That was in line with the flash data published on January 8.

Data showed that the consumer price index with a fixed interest rate, or CPIF, increased at a slower pace of 2.1 percent annually in December versus 2.3 percent in November, as estimated. Nonetheless, the inflation has continued to remain just above the Riksbank's target of 2.0 percent.

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