Inflation & Prices

Swedish Core Inflation Above Expectations Ahead of Riksbank Move

Visitors at a viewpoint overlooking the city skyline in Stockholm.

Photographer: Andrey Rudakov/Bloomberg
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Sweden’s core inflation rate rose just above the Riksbank’s 2% target in a flash reading published just as the central bank is preparing to announce its next easing move.

A measure of annual price increases that strips out energy increased to 2.1% last month, according to a preliminary estimate published Thursday by Statistics Sweden. That’s just above the 2% median expectation of economists surveyed by Bloomberg.