Swedish headline inflation 1.5% yr/yr in October
Adds background from paragraph 3
STOCKHOLM, Nov 14 (Reuters) -Consumer prices in Sweden, measured with a fixed interest rate, rose 0.4% in October from the previous month and were up 1.5% from the same month last year, the statistics office (SCB) said on Thursday.
The central bank targets 2% CPIF inflation.
The figures were unchanged fromflash data published by SCB last week.
The central bank cut its policy interest rate by a larger-than-usual half percentage point last week arguing that inflation would be too low unless the economy - which has contracted two quarters in a row - picked up speed.
The Riksbank also forecast it would cut again in December and in the first half of next year if the outlook remains the same, though it stressed the high level of uncertainty around the global outlook, not least after the election of Donald Trump to a second term as U.S. president.
Reporting by Simon Johnson, editing by Anna Ringstrom
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