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Swedish Inflation rate stood at 2.9 percent

Thursday, 10 November 2011
The inflation rate was 2.9 percent in October (3.2 percent in September) according to latest Consumer Price Index (CPI), for October 2011 report statistic Sweden.
Swedish consumer prices were unchanged from September to October. The CPI for October of 2011 was 313.42 (1980=100).

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Increased interest costs for owner occupied housing (2.0 percent) contributed by 0.1 percentage point upwards. The price increase was counteracted by lower prices for electricity (-0.5 percent) and fuels (-1.0 percent) which together contributed downwards by 0.1 percentage point.
The inflation rate according to CPIF was 1.1 percent and according to CPIX 0.9 percent in October. Both CPIF and CPIX decreased by 0.1 percent from September to October 2011. HICP decreased by 0.1 percent from September 2011 to October 2011 and increased by 1.1 percent since October of 2010.
News source: Statistic Sweden




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