Sweden Inflation Eases As Expected … RTT
Sweden Inflation Eases As Expected In April
Sweden’s consumer price inflation eased as expected in April, though slightly, data from Statistics Sweden showed Wednesday.
Consumer prices climbed 1.7 percent year-over-year in April, slower than the 1.9 percent rise in March.
On a monthly basis, consumer prices increased 0.4 percent from March, when it gained by 0.3 percent.
The inflation rate according to the CPI with a fixed interest rate was 1.9 percent in April, down from 2.0 percent in the prior month. The figure also matched consensus estimate.
Month-on-month, CPIF rose 0.4 percent in April after a 0.3 percent increase in March.
by RTTNews Staff Writer