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Swedish Consumer Prices Fall As Estimated In April

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

Sweden's consumer prices decreased for the first time in six years as initially estimated in April amid a sharp fall in food costs, the latest 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. That was in line with the flash data published on May 6.

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