Sweden Producer Prices Continue To Fall In November

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Sweden’s producer prices continued to decline in November, figures from Statistics Sweden showed on Tuesday.

The producer price index declined 4.4 percent year-on-year in November, following a 4.2 percent fall in October. This was the eleventh consecutive fall in prices.

Import prices decreased 7.6 percent yearly in November and remained unchanged from a month ago.

Export prices declined 6.5 percent annually in November and fell 0.6 percent from the previous month.

On a monthly basis, producer prices rose 0.2 percent in November.

Separate data from the statistical office showed that the retail sales rose 5.7 percent yearly in November, following a 4.2 percent growth in October.

On a monthly basis, retail sales rose 0.8 percent in November.

Retail sales in durables grew 1.3 percent and those of consumables, excluding sales at the state-owned chain of liquor stores rose 0.1 percent.

The material has been provided by InstaForex Company – www.instaforex.com

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