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Swedish inflation eases in December 2011

January 13th, 2012 - 3:33 pm ICT by IANS ( Leave a comment )

Stockholm, Jan 13 (IANS) Inflation eased in Sweden to 2.3 percent in December 2011 from 2.8 percent in the previous month, the Swedish Central Statistics Bureau (SCB) said Thursday.

In a statement published on its website, the SCB said the figure matched previous expectations.

On a monthly basis, the Consumer Price Index (CPI), a key gauge for inflation, increased by 0.2 percent in the November-December period, reported Xinhua.

Higher costs for housing, food, non-alcoholic beverages as well as transportation services pushed up consumer prices, but were partly offset by lower prices on electricity, clothing and footwear.

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