Inflation falls to 1.3 percent in June, driven by lower food and transport prices

Inflation decreased to 1.3 percent in June, a preliminary calculation by Statistics Sweden shows. This is down from 1.5 percent in May. The drop was attributed to lower prices for food and transportation. Analysts had expected a slightly lower inflation rate of 1.2 percent. The news comes amidst other global events including attacks in Iran and Ukraine, and a significant fire risk in parts of Sweden.