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Sweden Producer Prices Decline Slows In April

Sweden’s producer price declined at a softer pace in April, figures from Statistics Sweden showed on Wednesday.

The producer price index declined 3.0 percent year-on-year in April, following a 3.6 percent decrease in March. This was the fourth consecutive fall in prices.

Import prices declined 4.5 percent yearly in April and increased 0.7 percent from a month ago.

Export prices declined 2.3 percent annually in April and rose 2.0 percent from the previous month.

On a monthly basis, producer prices remained unchanged in April.

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