Cheaper food pushes Swedish inflation down to 1.3% in June
Inflation, according to the CPIF measure, fell to 1.3 percent in June, according to a second calculation by Statistics Sweden (SCB). This compares with 1.5 percent in May.
BusinessInflation, according to the CPIF measure, fell to 1.3 percent in June, according to a second calculation by Statistics Sweden (SCB). This compares with 1.5 percent in May.
BusinessPrice increases for electricity and fuel lifted inflation to 1.5 percent in May, according to the CPIF measure. That is almost double April's rate, according to a second calculation by Statistics Sweden.
BusinessFood prices fell 5.5 percent, while fuel prices rose almost 8 percent compared with March. The inflation rate halved to 0.8 percent, according to final figures for April.
BusinessThe krona is taking a real beating, and Swedish market interest rates are being pushed down after an unexpectedly low inflation figure for March. The Swedish Central Bank has plenty of room to wait, says Torbjörn Isaksson, chief analyst at Nordea, regarding the likelihood of interest-rate hikes due to inflation this year.
BusinessElectricity and food prices drove inflation in February, according to Statistics Sweden (SCB). However, overall inflation fell to 1.7 percent, according to the CPIF measure.
BusinessPackage holidays, car rentals and dental care contributed to pushing down inflation in January, figures from Statistics Sweden (SCB) show. If this trend continues downward, an interest rate cut from the Swedish Central Bank may be relevant, says Alexandra Stråberg, chief economist at Länsförsäkringar.
BusinessCheaper furniture, fuel and accommodation are pushing down inflation, according to new figures. Welcome news: low inflation means increased purchasing power for households, says Danske Bank's chief economist Susanne Spector.
BusinessFood prices were relatively unchanged during the month of October, according to new figures from Statistics Sweden (SCB). One item that has taken off, however, is milk.
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