Sweden records highest inflation since 1991

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Sweden records highest inflation since 1991

STORY: Sweden records highest inflation since 1991 DATELINE: April 16, 2022 LENGTH: 00:01:50 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Sweden STORYLINE: Sweden is experiencing the highest inflation in decades, with a 12-month inflation rate of 6.1 percent in March, Statistics Sweden said on Thursday. "The inflation rate rose sharply because of a general and broad price increase. Prices on food and non-alcoholic beverages rose, but mainly it was rising electricity and fuel prices that had a major impact," Caroline Neander, a statistician of the agency, said in a press release. The CPIF (Consumer Price Index with a fixed interest rate) 12-month inflation rate rose by 1.7 percent from February to March, according to the Swedish government agency. The rate was mainly affected by higher energy prices, which contributed 2.2 percentage points, adding that additional contributing factors were higher prices for food and non-alcoholic beverages. The agency also repo

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