Sweden July Inflation at 0.2%
Swedish Statistics Office data showed that inflation in Sweden declined to its lowest level in three months, with consumer prices rising by 0.2% year-on-year in July, compared to 0.7% in June. Additionally, inflation based on the Consumer Price Index (CPI) using a fixed interest rate decreased to 0.7%, down from 1.3% in the previous month. The monthly consumer price index fell by 0.3% after a 0.4% increase in June. The focus remains on the decline in inflation and the support of price stability in the Swedish economy.
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