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Sweden records highest inflation since 1993 – Stockholm News

The primary driving issue was the price of electrical energy, which has soared over the previous few months. In December, this pattern accelerated.

“It was the highest monthly change in electricity prices measured in the 2000s,” Caroline Neander, Price Statistician at Statistics Sweden, mentioned on Friday in a press launch.

The value of foodstuff, notably greens, additionally elevated as did clothes and transportation companies, Xinhua news company reported.

As a consequence of the hovering electrical energy prices, the Swedish authorities earlier this week pledged to compensate round 1.8 million households who’ve been affected essentially the most with as much as 6,000 kronor ($660) for December, January, and February. (1$=9.10 kronor)

Disclaimer: This story is auto-aggregated by a pc program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

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