Producer Prices Increase by 1.1% in July

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Producer Prices Increase by 1.1% in July
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Producer prices rose by 1.1 percent in July compared to the previous month, according to new figures from the Statistical Central Bureau (SCB). Compared to the same month in July the previous year, the producer price index fell by 0.6 percent, however.

SCB writes that contributing cause to the latest increase has been higher prices on trade with electricity as well as refined petroleum products and meat products.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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