Home News Swedish producer inflation has reached a 19-month low

Swedish producer inflation has reached a 19-month low


From 18.7 percent a month earlier, annual producer inflation in Sweden decreased to 11.8 percent in January 2023. Due to slower price increases for capital goods (11.7 percent vs. 45.1 percent in December 2022) and energy-related items, it was the lowest produce inflation since June 2021. (11.8 percent vs 12.8 percent). Meanwhile, consumer goods’ prices rose quickly. (15.7 percent vs 14.8 percent). Producer prices increased by 12.9% when energy-related goods are excluded, slowing from a 13.4% increase in the previous month. Producer prices dropped 5.2 percent on a monthly basis, reversing a December rise of 2.1 percent.

Source: Statistics Sweden
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

Previous articleLPG exports of Türkiye in December 2022 increased by 30.14% compared to the same month of the previous year
Next articleWhile the Turkish economy grew by 5.6% in 2022, it grew by 3.5% in the last quarter of 2022


Please enter your comment!
Please enter your name here