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Inflation doubled in May, flashing red
Inflation, according to the CPIF measure, almost doubled to 1.5 percent in May, new Statistics Sweden figures show. More inflation indicators are starting to flash red, says Susanne Spector, chief economist at Danske Bank. Rising energy and service prices contributed to the inflationary upturn. But the upturn is broader than that. Commodity prices and input goods more broadly are now rising in price. [...]