Sweden registers highest inflation in 13 years

Strømstad - SwedenPhoto: Adam Ihse / TT / NTB

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

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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