Sweden’s producer prices increased to the highest level in nearly two- and-a-half years in May, figures from Statistics Sweden showed on Thursday.
The producer price index grew 7.9 percent year-on-year in May, following a 5.6 percent rise in April. Prices rose for the fourth month in a row.
A similar higher rate of inflation was seen in November 2018.
Import prices increased 5.3 percent yearly in May and rose 0.9 percent from a month ago.
Export prices grew 5.9 percent annually in May and increased 1.1 percent from the previous month.
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