Swedish inflation slows on lower food prices ...Middle East

News by : (Daily Sun) -
STOCKHOLM: Sweden's inflation slowed more than expected in April as food prices dropped for the first time since 2021, official data showed Monday, possibly giving the central bank room to pause its rate-hike campaign.Consumer prices rose by 10.5 percent last month, compared to 10.6 percent in March.“Food prices fell for the first time since November 2021, which contributed to an easing of the inflation rate in April,“ Caroline Neander, statistician at Statistics Sweden, said in a statement.The statistics agency also noted that fuel prices had fallen seven percent over the past year.Inflation peaked in December at 12.3 percent -- a more than 30-year high -- then slowed down slightly in Janua

Hence then, the article about swedish inflation slows on lower food prices was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Swedish inflation slows on lower food prices )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار