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NORTHVOLT

Swedish police investigate fourth death of Northvolt worker

A fourth person working at Swedish battery maker Northvolt's factory in Skellefteå has died, according to police. But Northvolt denied that the death had anything to do with the workplace.

Swedish police investigate fourth death of Northvolt worker
Northvolt's battery factory in Skellefteå, northern Sweden. File photo: Axel Hilleskog/SvD/TT

Earlier this summer police launched an investigation after three apparently healthy men who all worked at Northvolt passed away at home in the past six months following shifts at the factory. It has not yet been established whether the deaths are linked or just a coincidence. 

On Tuesday, police announced a fourth person died in July. 

A fifth person also took ill while working at the factory, police said.

Northvolt said the fourth death was unrelated to the workplace.

“I have had it confirmed by police that the death to which they refer is a colleague who died after a tragic drowning accident in their spare time,” Northvolt press spokesperson Matti Kataja told the Aftonbladet newspaper.

“It would be good if police could be clear about this to avoid speculation, as the information obviously causes concern and leads to more rumours,” he added.

In January, a 33-year-old man was found dead in his bed after working an evening shift as a cleaner at Northvolt. A month later, a 19-year-old was also found dead in bed after his shift at the factory. And in June a 59-year-old man was found dead on his balcony.

The only things the three men seem to have in common are that their deaths cannot be explained, and that they all happened after they had worked shifts at Northvolt’s flagship factory. However, there is no evidence that their deaths are linked to their work at Northvolt.

Police have not labelled any of the deaths as suspicious, but one of the unconfirmed theories that have been floated in the media is that they could possibly have been exposed to some kind of substance in the workplace.

“At the moment, there is no concrete connection between any of the incidents, nor have we been able to ascertain what caused the incidents,” said police on Tuesday.

The investigation is still ongoing. 

Do you know more? Email The Local’s editor at [email protected]. You can be anonymous.

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ECONOMY

Sweden’s inflation rises faster than expected

Sweden's inflation rate was slightly higher than expected last month, according to fresh figures.

Sweden's inflation rises faster than expected

Inflation rose to 1.7 percent in July according to the CPIF metric, up from 1.3 percent in June, reports Statistics Sweden. 

CPIF, the consumer price index with mortgage rates taken out of the equation, is the inflation measurement used by the Swedish central bank, the Riksbank, whose goal is that inflation should remain relatively stable at around the two-percent mark. 

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Bloomberg reports that analysts had expected CPIF inflation to land at 1.6 percent.

The consumer price index including mortgage rates (CPI) remained unchanged at 2.6 percent. Analysts had predicted 2.5 percent.

Despite the higher-than-expected inflation, the Riksbank is still expected to lower the policy rate by 0.25 percentage points next week. 

That would put the policy rate, which is Sweden’s main interest rate, at 3.50 percent.

The policy rate is the central bank’s main monetary policy tool. It decides which rates Swedish banks can deposit in and borrow money from the Riksbank, which in turn affects the banks’ own interest rates on savings, loans and mortgages.

If bank interest rates are high, it’s expensive to borrow money, which means people spend less and as a result inflation drops.

Don’t miss any of The Local’s economy news or analyses by downloading our app (available on Apple and Android) and then selecting “economy” in your notification options via the user button.

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