Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: Yemeni Armed Forces have launched an additional drone toward "Israel," and it was intercepted.
Occupied Palestine: The IOF spokesman announced the Air Force intercepted an unmanned aircraft from the east.
Head of the Russian delegation to the talks in Turkey: The Russian-Ukrainian talks yielded good results.
Al Mayadeen's correspondent in occupied Palestine: Martyrs and wounded after an IOF aircraft bombed a house in Tal al-Zaatar, north of the Gaza Strip.
Libya: The Libyan Ministry of Health declares a state of maximum emergency in all hospitals to support medical staff working in Tripoli and its suburbs.
Libya: Demonstrations in several Libyan cities demand the overthrow of the Dbeibah government.
Italian Foreign Ministry: We are following developments in Libya with concern and reiterate our call for all parties to return to calm and dialogue.
Libya: Demonstration in Bani Walid calls for the overthrow of the Dbeibah government and holding it accountable.
Libya: Sabratha Municipal Council supports the overthrow of the Dbeibah government and calls on it to leave.
Al Mayadeen's correspondent in occupied Palestine: The IOF is carrying out massive bombing operations in the northern Gaza Strip.

Swedish inflation and food prices on the rise

  • By Al Mayadeen English
  • Source: Agencies
  • 20 Feb 2023 15:11
  • 1 Shares
2 Min Read

The Scandinavian country's electricity prices decreased by a good 27% but food prices continue to soar.

  • x
  • A customer at a supermarket in Solna, Sweden. (Bloomberg)
    A customer at a supermarket in Solna, Sweden. (Bloomberg)

Swedish prices increased slightly since January and inflation remained at 11.7 percent as food prices went up even while energy costs went down.

Sofie Ohman at statistics Sweden said, "Electricity prices decreased by 27.4 percent in the last month, which also contributed to an easing in the inflation rate from December to January."

However, food prices have increased by 20.4 percent when compared to last year. 

Read more: Poverty on the rise in Sweden amid inflation, energy crisis

Related News

British citizens welcome 2024 with 5% hike in energy bills

UK’s net zero ambitions risky after ‘disastrous’ offshore wind auction

Statistics Sweden said that the consumer price index (CPI) recorded 12.4 percent in December, which is the highest it's been in 30 years.  Household mortgages contributed 2.5 percentage points to the annual inflation rate. 

In January, Sweden's CPIF, the figure used by Sweden's central bank to guide monetary policy, was 9.3%, previously 10.2% in December. 

The Scandinavian country's central bank sharply hiked its key interest rate in the past few months. It is currently 3%, while it was 0% in April 2022. It is believed that more increases are to come. 

Read next: World Bank chief forecasts global economic slowdown in upcoming year

In the European Commission's (EC) most recent economic forecast, the worst economy among the EU's 27 member states is Sweden, with took a hit in its GDP, which is expected to shrink by 0.8%, making it the only EU member state experiencing negative growth.

However, Sweden's economy may experience growth again in 2024 by 1.2%, but even if that does occur, it would still have the most minimal growth in the EU by then.

  • energy prices
  • Central Bank
  • inflation
  • Sweden
  • EU inflation

Most Read

Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025
Palestinians pray over bodies of people killed in the Israeli bombardment who were brought from the Shifa hospital before burying them in a mass grave in the town of Khan Younis, southern Gaza Strip, Wednesday, Nov. 22, 2023. (AP )

Gaza casualty figures mask a much bigger horror, new study shows

  • Politics
  • 11 May 2025
Gaza and the logic of necropolitics: Sovereignty measured by killing

Gaza and the logic of necropolitics: Sovereignty measured by killing

  • Politics
  • 15 May 2025
Abu Obaida

Abu Obeida posts shortly after Israeli reports about his assassination

  • Palestine
  • 15 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Israeli media: Yemen may push 'Israel' towards ceasefire in Gaza
MENA

Israeli media: Yemen may push 'Israel' towards ceasefire in Gaza

Palestinians struggle to get donated food at a community kitchen in Khan Younis, Gaza Strip, Friday, May 16, 2025 (AP)
Politics

Trump administration planning to send 1 million Palestinians to Libya

President Donald Trump greets Israeli Prime Minister Benjamin Netanyahu at the White House, Monday, April 7, 2025, in Washington. (AP)
Politics

'Israel' concerned, says US withholding info about indirect Iran talks

Israeli Prime Minister Benjamin Netanyahu during the annual ceremony at the Yad LaBanim Memorial in occupied al-Quds on Tuesday, April 29, 2025 (AP)
Politics

Netanyahu cancels Vatican visit over fears of ICC arrest

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS