Sweden's consumer prices decreased for the first time in six years in April amid a sharp fall in food costs, flash data from Statistics Sweden showed on Wednesday.
The consumer price index, or CPI, dropped 0.1 percent year-over-year in April, reversing March's increase of 0.5 percent. Further, this was the first decrease since April 2020. Meanwhile, economists had expected an increase of 0.3 percent.
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