Sweden's consumer price inflation increased more than initially estimated in January to the highest level in three months, the latest data from Statistics Sweden showed on Friday.
The consumer price index, or CPI, climbed 0.5 percent year-over-year in January, faster than the 0.3 percent rise in December. In the flash report, the rate of increase was 0.4 percent.
"Increased electricity prices and higher fees for rental apartments were among the largest contributions to the inflation rate according to the CPI in January," Mikael Nordin, statistician at Statistics Sweden, said.
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