Sweden’s producer prices declined for the seventh month in a row in July, figures from Statistics Sweden showed on Tuesday.
The producer price index declined 4.9 percent year-on-year in July, following a 3.8 percent fall in May. This was the seventh consecutive fall in prices.
Import prices declined 6.0 percent yearly in July and decreased 0.1 percent from a month ago.
Export prices declined 6.3 percent annually in July and fell 0.7 percent from the previous month.
On a monthly basis, producer prices fell 0.7 percent in July.
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