Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SWEDEN
Sweden producer and trade price data for August showed further Y/Y declines, the latter aided by a slightly stronger SEK through August than in months prior.
- PPI printed at -5.9% Y/Y (vs -2.1% prior) and was driven by beneficial energy price base effects. Excluding energy products, PPI was 3.0% Y/Y (vs 4.8% prior).
- PPI saw a second sequential monthly fall at -0.7% M/M (vs -0.6% prior), as import and export prices fell.
- Import and export prices were driven down by lower prices on a broad range of manufactured goods, but slightly offset by monthly increases in petroleum and crude prices during August.
- Overall, the deflationary data remains encouraging, but a slower pace of deflation could be seen in future months as beneficial base effects from energy are offset by upstream price increases seen over summer and September SEK weakness feeds into the prints.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok