Swedish central bank’s Floden says underlying inflation pressure worrying

1 min read
FILE PHOTO: A general view of Sweden's central bank in Stockholm

STOCKHOLM (Reuters) – A continued rise in underlying inflation is a worry, Swedish central bank Deputy Governor Martin Floden said on Tuesday.

Underlying inflation was 7.9% in October compared to a year earlier, above both the Riksbank’s and analysts’ expectations.

(Reporting by Simon Johnson, editing by Stine Jacobsen)