India, May 14 -- Sweden's consumer price inflation eased to the lowest level in nearly four-and-a-half years as initially estimated in April, the latest data from Statistics Sweden showed on Wednesday.

The consumer price index, or CPI, rose 0.3 percent year-over-year in April, slower than the 0.5 percent increase in March. That was in line with the flash data published on May 7.

Further, this was the lowest inflation rate since November 2020, when prices had risen 0.2 percent.

Data showed that the consumer price index with a fixed interest rate, or CPIF, increased at a stable pace of 2.3 percent annually in April, as estimated. Moreover, the inflation is above the Riksbank's target of 2.0 percent.

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