FX.co ★ Sweden Producer Price Inflation Slows In April

Sweden's producer prices rose at a softer pace in April, figures from Statistics Sweden showed on Wednesday.

The producer price index increased 23.8 percent year-on-year in April, after a 24.5 percent gain in March. In February, producer prices rose 19.3 percent.

Import prices increased 30.8 percent yearly in April and rose 0.8 percent from a month ago.

Export prices grew 25.1 percent annually in April and increased 1.6 percent from the previous month.

On a monthly basis, producer prices rose 1.2 percent in April.