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Financial News: Sweden Inflation Remains Stable In July

Sweden Inflation Remains Stable In July

08/10/2018 - 09:03:00 (RTTNews)

(RTTNews) - Sweden's consumer price inflation held steady in July, after accelerating in the previous two months, data from Statistics Sweden showed Friday.

Consumer prices climbed 2.1 percent year-over-year in July, the same rate of increase as in June. The expected inflation rate was 2.0 percent.

On a monthly basis, consumer prices increased 0.5 percent from June, when it edged up by 0.2 percent.

The inflation rate according to the CPI with a fixed interest rate was also remained stable at 2.2 percent, in line with expectations. Month-on-month, CPIF went up 0.5 percent.

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