Inflation falls to 1.3 percent in June

A preliminary calculation from Statistics Sweden shows inflation measured by KPIF fell to 1.3 percent in June. The figure is down from 1.5 percent in May. Experts assess that the change will not affect mortgage rates.

Statistics Sweden released the preliminary June figure for KPIF inflation. It showed a small decline compared with the previous month.

The KPIF measure is often used to track underlying price developments. The May figure stood at 1.5 percent.

According to experts the new level will not lead to changed mortgage rates for households.

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Argentine President Javier Milei celebrating falling inflation rates to 2.6% in April
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April inflation falls to 2.6% as Milei hails the data

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The National Institute of Statistics and Censuses reported the consumer price index at 2.6% for April, the lowest reading in ten months.

June's inflation figure of 1.9% strengthens expectations of a sustained slowdown, according to economist Pablo Das Neves.

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Two Argentine consultancies calculated that June inflation stood between 1.8% and 1.9%, below the 2% monthly threshold.

Dane reported the consumer price index recorded an annual variation of 5.68% in April, above March's 5.56%.

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DANE reported May annual inflation at 5.84 percent, driven by housing and food. The figure marks the highest level since August 2024 and the third straight month of increases.

U.S. consumer inflation rose to 4.2% in May, the Bureau of Labor Statistics reported Wednesday, matching economists’ expectations and marking the highest 12-month reading since April 2023.

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