Consumer prices in Sweden spiked 1.2% year-on-year in February, faster than the 0.6% increase in January, Statistics Sweden said on Thursday.
On a monthly basis, consumer prices increased 0.6%. Increased prices of electricity, clothing, furnishings & household goods, transport, and recreation & culture contributed to the upswing, the statistical agency said.
Meanwhile, the underlying CPIF inflation rate stood at 2.7%. Compared to January, the CPIF inflation rate stood at 0.6%.
The country's harmonized index of consumer prices increased by 2.8% on a yearly basis and by 0.6% on a monthly basis.
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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.