logo

FX.co ★ Sweden Inflation Eases In May

Sweden Inflation Eases In May

Sweden's consumer price inflation slowed in May, figures from Statistics Sweden showed on Thursday.

The consumer price index rose 1.8 percent annually in May, after a 2.2 percent increase in April. Economists had expected a 2.0 percent rise.

On a month-on-month basis, consumer prices rose 0.2 percent in May, same as seen in the previous month. Economists had expected a 0.4 percent increase.

Inflation, based on the CPI with fixed interest rate or CPIF, decreased to 2.1 percent in May from 2.5 percent in the preceding month.

On a monthly basis, the CPIF rose 0.2 percent in May, after a 0.3 percent growth in the prior month.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Open trading account