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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.
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Free AccessFactory Gate Inflation Continues to Accelerate
SWEDEN JUN PPI +2.5% M/M, +25.6% Y/Y; MAY +24.4% Y/Y
- A further uptick of 2.5% m/m and acceleration to +25.6% y/y for Swedish producer prices in June to the highest annual rate since 1991.
- No relief was seen from energy prices over the month, which were up 81.9% y/y.
- Depreciation in the Krona contributed to further imported inflation, resulting in a 3.7% m/m increase in the import price index in June.
- Headline PPI ex. energy rose to +17.3% y/y.
- With the next Riksbank meeting not until September 19, signs of easing commodity prices remain yet to materialise for the Swedish economy.
To read the full story
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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.