Food and especially electricity continue to fuel inflation in Sweden, new figures show. The price increases hit wide and hard, including the elderly. Tv4 Nyheterna has visited the home of pensioner Ulla-Greta Lindberg in Stocksund in Stockholm. She hopes that the trend can soon reverse.
– It must not be much more expensive now, says Ulla-Greta Lindberg, who trembles for when the next electricity bill will arrive.
For Ulla-Greta and many others, however, it will continue to be financially difficult. New inflation figures show that prices in November were almost ten percent higher compared to the same month last year. And they will continue to rise, which is a headache for the Riksbank, which will probably respond with continued interest rate increases.
– I expect them to raise 50 points in February, says Mattias Persson, chief economist at Swedbank.
In the clip above: See more about pensioner Ulla-Greta and the latest on inflation