Sweden’s producer price index rose 0.1% in July from the prior month, matching June’s monthly increase, according to official data released on Wednesday.
On an annual basis, producer prices climbed 6.4% in July, a deceleration from the 7.4% increase recorded in June. The figures indicate a continued but slowing trend of cost pressures in the country’s industrial sector.
The monthly gain aligns with the subdued inflation dynamics observed in recent months, as global supply chain adjustments and softer commodity markets weigh on pricing power. The statistics office did not provide additional commentary on the drivers behind the latest reading.
