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Financial News: Sweden Producer Prices Rise For First Time In

Sweden Producer Prices Rise For First Time In 14 Months

03/25/2021 - 06:56:00 (RTTNews)

(RTTNews) - Sweden's producer prices rose for the first time in fourteen months in February, figures from Statistics Sweden showed on Thursday.

The producer price index grew 1.3 percent year-on-year in February, after a 0.8 percent fall in January. A similar rate of inflation was seen in December 2019.

Import prices decreased 2.4 percent yearly in February and rose 2.3 percent from a month ago.

Export prices declined 0.9 percent annually in February and increased 2.0 percent from the previous month.

On a monthly basis, producer prices rose 1.5 percent in February.

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