Sweden's inflation data in November showed a complex picture, with the CPI dropping to 0.3 percent while the central bank's key measure, KPIF, decreased to 2.3 percent from 3.1 percent.Lower interest costs, cheaper package holidays, and lodging contributed to this slowdown, yet everyday costs, particularly for electricity, fuel, and food, remain significantly higher than five years ago.Economists
Susanne Spector and
Jens Magnusson, along with
Statistics Sweden's
Frida Stark, confirm the downward trend but note that prices like milk and cheese are still 43 percent more expensive than in 2020.