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CPI slightly higher than expected

SWEDEN
  • CPIF 3.1%Y/Y in October (3.0% exp, 2.8% prior).
  • CPIF ex energy a bit higher than expected too at 1.8%Y/Y (1.6% exp, 1.5% prior)
  • Note that the Riksbank had expected CPIF around 3.0%Y/Y and CPIF ex energy around 1.7%Y/Y (so the Riksbank had been about one tenth above market expectations, and the data was one tenth higher than the Riksbank expected).

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