Sweden´s krona edged up against the euro this morning after the nation´s latest inflation data exceeded expectations.
Consumer prices rose 2% in November, up from the 1.8% registered in October and defying forecasts for inflation to remain unchanged.
The euro was down around 0.8% against the Swedish currency.
Higher prices for fuels, energy and clothing were behind the latest rise in consumer prices.
The upturn in prices raises the odds that the Riksbank, Sweden´s central bank, will raise rates at its policy meeting next week.
Sweden´s official rate is currently at -0.5%.