Sweden’s producer prices rose for the tenth straight month in October, figures from Statistics Sweden showed on Thursday.
The producer price index grew 16.8 percent year-on-year in October, following a 16.4 percent rise in September. Prices rose for the tenth month in a row.
Import prices increased 17.5 percent yearly in October and rose 2.6 percent from a month ago.
Export prices grew 17.1 percent annually in October and increased 0.2 percent from the previous month.
On a monthly basis, producer prices remined unchanged in October.
The material has been provided by InstaForex Company – www.instaforex.com