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Sweden's consumer price inflation rose to the highest in four months in December, figures from Statistics Sweden showed on Friday.The consumer price index rose 0.5 percent annually in December, following a 0.2 percent increase in November. Economists had expected a 0.4 percent rise.The latest inflation was the highest since August, when prices grew 0.8 percent.On a month-on-month basis, consumer prices gained 0.7 percent in December, after remaining unchanged in the previous month. Economists had expected a 0.6 percent rise.Inflation, based on the CPI with fixed interest rate or CPIF, rose to 0.5 percent in December from 0.2 percent in the preceding month.On a monthly basis, the CPIF rose 0.7 percent in December, after remaining unchanged in the prior month.The material has been provided by InstaForex Company - www.instaforex.com
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