Sweden’s producer prices decreased at a stable pace in September, marking its third successive monthly fall, figures from Statistics Sweden showed Tuesday.
The producer price index slid 1.4 percent year-over-year in September, the same rate of drop as in the previous month. In July, the prices had fallen 0.6 percent.
Import prices slipped 3.4 percent in September from a year ago and domestic market prices went down by 2.0 percent. Similarly, export price index dropped by 0.5 percent. Prices for domestic supply, combining domestic and import markets, fell by 2.7 percent.
On a monthly basis, producer prices declined 0.3 percent in September, reversing a 0.2 percent rise in the prior month. Import prices edged down 0.2 percent and export prices decreased by 0.5 percent.
The material has been provided by InstaForex Company – www.instaforex.com