Analysts at TD Securities are looking for Swedish CPIF inflation to ease to 2.0% y/y from 2.1% on account of lower fuel prices.
Key Quotes
“Food prices also could disappoint on the back of recent currency appreciation. We also eye weakness in apparel, communications and package holidays. On balance this suggests that ex-energy CPIF could slip further to 1.3% y/y, again disappointing the Riksbank’s forecast of 1.5%.”
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