CPI inflation remains at 9.3 percent in July, according to Statistics Norway, Statistics Sweden.
That compares with 9.3 percent in June and expectations for unchanged inflation of 9.3 percent among analysts, according to Bloomberg.
The so-called CPIF inflation, where interest rate effects on price trends are excluded, was also unchanged at 6.4 percent. Analysts were expecting an increase to 6.5 percent in July.
The Riksbank’s goal is to keep CPIF inflation at 2 percent.
CPIF inflation excluding energy prices – the so-called underlying inflation – was 8 percent. This can be compared with 8.1 percent in June and the expected 8.0 percent.
– Prices increased mainly for package tours and food during July. This was counteracted by lower electricity prices, which contributed to consumer prices being unchanged overall during July, says Carl Mårtensson, price statistician at Statistics Sweden in a press release.