Sweden’s consumer price inflation rose to the highest in four months in December, figures from Statistics Sweden showed on Friday.
The consumer price index rose 0.5 percent annually in December, following a 0.2 percent increase in November. Economists had expected a 0.4 percent rise.
The latest inflation was the highest since August, when prices grew 0.8 percent.
On a month-on-month basis, consumer prices gained 0.7 percent in December, after remaining unchanged in the previous month. Economists had expected a 0.6 percent rise.
Inflation, based on the CPI with fixed interest rate or CPIF, rose to 0.5 percent in December from 0.2 percent in the preceding month.
On a monthly basis, the CPIF rose 0.7 percent in December, after remaining unchanged in the prior month.
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