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Investing.com -- Swedish consumer prices increased by 0.1% in September from August, with the annual inflation rate reaching 3.1%, according to data released by the statistics office on Wednesday.
The inflation figure, measured with a fixed interest rate (CPIF), matched preliminary data published last week and remains above the Swedish central bank’s 2% target.
Food prices declined by 0.8% from August to September, marking the second consecutive monthly decrease. This represents the first time since March 2024 that food prices have fallen for two straight months.
The monthly data showed increases in clothing prices and accommodation services, which partially offset the drop in food costs.
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