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MNI: SWEDEN DATA: Inflation (Jun 2019) Preview -.....>

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MNI: SWEDEN DATA: Inflation (Jun 2019) Preview - 08:30 BST
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- CPIF: Bbg Consensus: -0.1% m/m, 1.7% y/y; Prev (May): 0.3% m/m, 2.1% y/y
- CPIF Ex. Energy: Bbg Cons: 0.2% m/m, 1.8% y/y; Prev (May): 0.3% m/m, 1.7% y/y
- CPI: Bbg Cons: -0.1% m/m, 1.8% y/y; Prev (May): 0.3% m/m, 2.2% y/y
- Markets expect headline CPIF inflation to fall back below the Riksbank's 2.0%
target in June... 
- ... and settle at its lowest level since Feb 2018
- With a small 0.1pt uptick predicted for CPIF Ex. Energy, the anticipated
moderation in CPIF is expected to be driven by softer energy inflation
- Indeed, while recent krona weakness is likely to stoke non-energy imported
goods inflation...
- ... a softening in fuel & electricity prices over the month should help to
drive energy price growth down
- Looking ahead, energy infl looks set to moderate further on base effects... 
- ... while the soft economic backdrop should keep core pressures contained

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