Sweden's March inflation below expectations

Investing.com – Sweden’s Statistics Agency released preliminary estimates on Tuesday showing that in March, Swedish consumer prices rose 1.6% year over year, below analysts’ expectations.

The fixed-rate consumer price index (CPIF) was below the 2.2% analysts’ forecast from a Reuters poll.

The CPIF measure excludes the direct impact of changes in mortgage interest rates and is the main inflation gauge monitored by the Riksbank.

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