Statistiska centralbyrån (SCB) reported that the KPIF inflation measure in Sweden dropped sharply to 2.3% in November, beating analyst expectations and providing relief for the Riksbank's 2% target.Alexander Norén commented that the earlier arrival and lower level of inflation are positive developments for the economy, while final data is expected within a week.The Purchasing Managers' Index (
PMI) also showed continued growth in Swedish industry, despite a slight decline from October, as production plans suggest further market resilience.