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2020.04.1508:41:00UTC+00Sweden Inflation At 4-Year Low

Sweden's consumer price inflation eased to the lowest in four years in March, data from Statistics Sweden showed on Wednesday.

The consumer price index rose 0.6 percent year-on-year in March, after a 1.0 percent increase in February. This was in line with economists' expectation.

The latest inflation was the lowest since February 2016, when it was 0.4 percent.

On a month-on-month basis, consumer prices fell 0.2 percent in March, after a 0.5 percent rise in the preceding month. Economists had expected a 0.3 percent fall.

The CPI with fixed interest rate, or CPIF rose 0.6 percent annually in March, slower than 1.0 percent increase in the prior month. Economists had expected a 0.7 percent rise.

On a monthly basis, the CPIF decreased 0.2 percent in February, after a 0.5 percent rise in the previous month. Economists had forecast a 0.3 percent decline.

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