Sweden’s producer prices declined for the eleventh consecutive month in May, figures from Statistics Sweden showed Tuesday.
The producer price index fell 4.5 percent year-over-year in May, which was worse than previous month’s 4.2 percent decrease.
On a monthly basis, producer prices showed no variations in May, following a 0.9 percent drop in April.
Import prices dipped 8.3 percent in May from a year ago, while it rose 0.3 percent, month-over-month.
Prices for domestic supply, combining domestic and import markets, slid 2.1 percent yearly and by 0.2 percent monthly in May.
The material has been provided by InstaForex Company – www.instaforex.com