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Ahead of the Swedish CPI release at the......>

SWEDEN
SWEDEN: Ahead of the Swedish CPI release at the bottom of the hour, Danske bank
analysts forecast 0.3%mm/1.8%yy which is 1-2 tenths below market consensus. We
guess this is due to airline ticket prices. A tax was introduced on April 1st
which technically should raise prices but so far we have not seen any signs of
that on for instance Travel-market so we have not pencilled in any 'tax-effect '
this month. Having said this such an effect could of course show up later.

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