It is noted that Swedish underlying inflation reached 8.2% on an annual basis in May.
At the same time, the local central bank (Riksbank) predicted 8.1%, while experts surveyed by the agency expected 7.8%.
Such growth was caused by Beyoncé's concerts at the Friends Arena stadium in Stockholm, which attracted over 80,000 spectators.
Due to the large number of foreigners who came for the show, ticket prices, hotel accommodation, and restaurant food prices increased.
Danske Bank expects inflation to slow down in June.
The krona has recently been trading near a historical low against the euro, which will lead Riksbank to continue raising the key interest rate.
Source: biz.nv.ua
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