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Financial News: Sweden Inflation Steady In December

Sweden Inflation Steady In December

01/15/2020 - 06:25:00 (RTTNews)

(RTTNews) - Sweden's consumer price inflation remained stable in December, data from Statistics Sweden showed on Wednesday.

The consumer price index rose 1.8 percent year-on-year in December, the same as seen in November. This was in line with economists' expectation.

On a monthly basis, consumer prices rose 0.4 percent in December, following a 0.1 percent increase in the previous month.

The CPI with fixed interest rate, or CPIF rose 1.7 percent annually in December, slower than 1.8 percent in the preceding month.

On a monthly basis, the CPIF rose 0.4 percent in December, following a 0.1 percent increase in the prior month.

The EU measure of harmonized index of consumer prices, or HICP, climbed 1.7 percent annually in December, after a 1.8 percent rise in the prior month.

On a month-on-month basis, the HICP rose 0.4 percent in December.

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