Sweden's consumer price inflation increased as estimated initially in May to the highest level in seven months amid higher energy costs, the latest data from Statistics Sweden showed on Thursday.
The consumer price index, or CPI, rose 0.8 percent year-over-year in May, reversing April's renewed fall of 0.1 percent. Moreover, a similar inflation rate was last seen in October 2025. That was in line with the flash data published on June 4.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.