Financial News: Swedish Inflation Eases To 0.5%, Lowest Since December

Swedish Inflation Eases To 0.5%, Lowest Since December 2020

04/04/2025 - 04:54:00 (RTTNews)

(RTTNews) - Sweden's consumer price inflation eased in March to the lowest level in more than four years, flash data from Statistics Sweden showed on Friday.

The consumer price index, or CPI, rose 0.5 percent year-over-year in March, slower than the 1.3 percent increase in February. Economists had expected inflation to slow to 0.8 percent.

Further, this was the lowest inflation rate since December 2020, when prices had risen the same 0.5 percent.

Data showed that the consumer price index with a fixed interest rate, or CPIF, also increased at a slower pace of 2.3 percent annually in March versus 2.9 percent growth in the prior month. The expected rate was 2.6 percent. However, the inflation is still above the Riksbank's target of 2.0 percent.

Month-on-month, consumer prices dropped 0.7 percent in March, reversing a 0.6 percent rise in the prior month.

The detailed result for the month of March is set to publish on April 11.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Weekly Jobless Claims Inch Up In Line With Estimates (05 min(s), 21 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»

Philippine Central Bank Trims Key Rates By 25 Bps (01 hr(s), 04 min(s), 21 sec(s) ago)
(RTTNews) - The Philippine central bank resumed its policy easing on Thursday, by cutting the rate ...Full Story»

Czech Inflation Confirmed At 2.7% (01 hr(s), 09 min(s), 21 sec(s) ago)
(RTTNews) - The Czech Republic's consumer price inflation held steady as initially estimated i ...Full Story»

Italy Industrial Production Falls In February (02 hr(s), 25 min(s), 21 sec(s) ago)
(RTTNews) - Italy's industrial production declined in February driven by contractions across a ...Full Story»

Taiwan Trade Surplus Shrinks In March (02 hr(s), 37 min(s), 21 sec(s) ago)
(RTTNews) - Taiwan's foreign trade surplus decreased in March as imports grew much faster than ...Full Story»

Turkey Industrial Production Contracts 1.9% (03 hr(s), 15 min(s), 21 sec(s) ago)
(RTTNews) - Turkey's industrial production declined for the first time in four months in Febru ...Full Story»

Norway Inflation Eases To 2.6% (03 hr(s), 32 min(s), 21 sec(s) ago)
(RTTNews) - Norway's consumer price inflation eased in March from a 10-month high in the previ ...Full Story»

Swedish GDP, Industrial Output Contracts In February (04 hr(s), 53 min(s), 21 sec(s) ago)
(RTTNews) - Swedish economy and industrial production shrank for the second straight month in Fe ...Full Story»