Swedish inflation picks up in June, puts more rate cuts in doubt

STOCKHOLM (Reuters) -Swedish headline consumer prices rose 0.5% in June from the previous month and were up 2.9% from the same month a year earlier, flash figures from the statistics office (SCB) showed on Monday. Stripping out volatile energy prices, a measure the Riksbank is looking at closely, inflation was 3.3% compared to June 2024. The statistics office does not provide details in flash