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Sweden registers highest inflation in 13 years

Inflation in Sweden increased unexpectedly in October. It now amounts to 3.1%, which is the highest since the beginning of the financial crisis.

Sweden registers highest inflation in 13 years
Photo: Adam Ihse / TT / NTB

The data was revealed in the monthly figure update from the Swedish statistical agency Statistics Sweden.

According to the figures, prices in Sweden have risen by 3.1% since last year.

In September, the figure was 2.8%, and analysts estimated that the figure in October would be around 2.9%.

According to the statistics, electricity prices fell in Sweden, while petrol prices continued to rise. Food prices also rose due to higher fruit, vegetable, and beverage prices.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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