Sweden’s consumer prices remained stable in May, data from Statistics Sweden showed on Thursday.
The consumer price index remained unchanged year-on-year in May, after a 0.4 percent decrease in April. Economists had expected a 0.4 percent fall.
On a month-on-month basis, consumer prices rose 0.6 percent in May, after a 0.3 percent decline in the preceding month. Economists had expected a 0.4 percent rise.
The CPI with fixed interest rate, or CPIF, remained unchanged annually in May, following a 0.4 percent decrease in the prior month. Economists had expected a 0.4 percent decline.
On a monthly basis, the CPIF increased 0.6 percent in May, after a 0.3 percent fall in the previous month. This was the largest monthly growth since 2001. Economists had expected a 0.3 percent rise.
For comments and feedback contact: editorial@rttnews.com
[Economic News][1]
What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][3], [unemployment rate][4], [inflation][2] and much more.