Over the last 12 months fuel prices had come down eight percent, according to Statistics Sweden (SCB). theSun theSundaily economy inflation statistic Sweden
: Swedish inflation fell slightly in March as energy cost hikes receded, but consumer price increases remained in the double digits at 10.6 percent, official statistics showed Friday.
While being pushed by energy costs in the autumn, “prices for food and non-alcoholic beverages rose by 19.7 percent in the past year and 1.2 percent since February.” Sweden's central bank Riksbank has repeatedly hiked its guiding rate in an effort to rein in inflation. Consequently, Swedish households also saw increased costs from interest rates on mortgages, which contributed with 2.8 percentage points to the annual inflation rate.
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