Inflation according to the KPIF measure falls to 1.5 per cent in December, from 1.8 per cent in November. This is shown by preliminary figures from Statistics Sweden (SCB).
This is lower than the 1.7 per cent that analysts on average had expected, according to a compilation of forecasts made by Bloomberg. It is also a bit below the Swedish Central Bank's target of an inflation rate of 2 per cent.
The KPIF measure, where the effects of mortgage rates are excluded, is the measure that the Swedish Central Bank looks at primarily ahead of upcoming interest rate decisions.
According to the KPI measure, inflation stands at 0.8 per cent. Here, analysts had expected an inflation rate of 1 per cent.
