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Sweden PPI falls at slower rate in June

Staff Writer |
Sweden's producer prices declined further in June, though at a slower pace than in the previous month, figures from Statistics Sweden showed.

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Producer prices in total fell 1.9 percent year-over-year in June, following a 4.5 percent decrease in May. The measure has been falling since July 2015.

On a monthly basis, producer prices climbed 1.5 percent in June, after showing no variations in the prior month.

Import prices dipped 5.3 percent annually in June, while it rose 1.7 percent from the preceding month.

Prices for domestic supply, combining domestic and import markets, slid 2.8 percent yearly and went up 1.3 percent, month-on-month.

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