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Minutes: Bunge: Inflation, business survey and wages key for April

RIKSBANK
  • "When we reconvene on 25 April, we will have access to a great deal of important new information, which will hopefully disperse some of the uncertainty we are currently facing. Among other things, we will have three new inflation outcomes and the results of a new business survey, which the Riksbank conducts three times a year. Hopefully, we will also have a clearer view of the wage bargaining round, which will be a key factor for the development of inflation over the next few years."
  • "One of the risks that has been emphasised in the report is that the fall in housing prices may yet turn out to be larger than expected, which, in turn, could affect consumption and housing investment negatively. This implies a downside risk for Sweden’s economic outlook, although we need to bear in mind that housing prices rose sharply during the pandemic."

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