Sweden's annual inflation at 41-year high in November

Sweden's annual inflation at 41-year high in November

Annual and monthly inflation rates at 11.5%, 1%, respectively

By Gokhan Ergocun

ISTANBUL (AA) - Sweden's annual inflation was at 11.5% in November, up from 10.9% in October and hitting its highest level since August 1981.

The country's statistical office also announced on Wednesday that monthly inflation was at 1% in November, jumping from 0.2% the previous month.

On an annual basis, the largest price increase was seen in food and non-alcoholic beverages with 18.6%.

Housing, water, electricity, gas and other fuels posted a rise of 17.61%, and furnishings and household goods 15.4%.

Meanwhile, communications saw a negative inflation rate of 0.12%.

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