Financial News: Swedish Inflation Eases To 0.8%, Lowest In 4

Swedish Inflation Eases To 0.8%, Lowest In 4 Years

01/08/2025 - 03:35:00 (RTTNews)

(RTTNews) - Sweden's consumer price inflation slowed more than expected in December to the lowest level in four years, flash data from Statistics Sweden showed on Wednesday.

The consumer price index, or CPI, climbed 0.8 percent year-over-year in December, slower than the 1.6 percent stable rise in November. The expected inflation rate was 1.0 percent.

This was the weakest inflation since December 2020, when prices had risen 0.5 percent. Moreover, inflation remained below the Riksbank's 2.0 percent target for the fifth straight month.

Data showed that the consumer price index with a fixed interest rate, or CPIF, increased at a slower pace of 1.5 percent annually in December versus 1.8 percent growth in the prior month.

Month-on-month, consumer prices moved up 0.3 percent in December, following a 0.2 percent rise in November.

The detailed result for the month of December is set to publish on January 15.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Poland Industrial Output Recovers; PPI Falls At Slower Pace (31 min(s), 52 sec(s) ago)
(RTTNews) - Poland's industrial production recovered in December on a rebound in mining and qu ...Full Story»

Iceland Jobless Rate Surges To 3.9% In December (42 min(s), 52 sec(s) ago)
(RTTNews) - Unemployment rate in Iceland climbed sharply to a three-month high in December after e ...Full Story»

UK Budget Deficit Surges On Interest Payments (01 hr(s), 05 min(s), 52 sec(s) ago)
(RTTNews) - The UK budget deficit more than doubled in December largely due to interest payments, ...Full Story»

Malaysia Central Bank Holds Key Interest Rate Steady At 3% (01 hr(s), 21 min(s), 52 sec(s) ago)
(RTTNews) - Malaysia's central bank left its benchmark interest rate unchanged on Wednesday as ...Full Story»

South Africa Inflation Climbs For Second Month, Retail Sales Growth Improves (01 hr(s), 28 min(s), 52 sec(s) ago)
(RTTNews) - South Africa's consumer price inflation accelerated for a second straight month in ...Full Story»

UK Budget Deficit Widens In December (06 hr(s), 21 min(s), 52 sec(s) ago)
(RTTNews) - The UK budget deficit more than doubled in December from the last year as increases in ...Full Story»

South Korea Consumer Confidence Improves In January (07 hr(s), 14 min(s), 52 sec(s) ago)
(RTTNews) - South Korea's consumer sentiment increased for the first time in three months in J ...Full Story»

Malaysia Inflation Eases To 1.7%, Lowest In 11 Months (07 hr(s), 29 min(s), 52 sec(s) ago)
(RTTNews) - Malaysia's consumer price inflation eased unexpectedly in December to the lowest l ...Full Story»