MNI BRIEF: US Nov Existing Home Sales Jumps 4.8% To 4.15M

MNI BRIEF: BOE Leaves Rates Unchanged In 6-3 Vote Split

MNI BOE WATCH: Bank Keeps Rate At 4.75%, But Three Vote To Cut

MNI BRIEF: CNB Pauses Easing Cycle As Expected

MNI China Daily Summary: Thursday, December 19

MNI BRIEF: China Working On Trade-in Scheme Expansion - MOFCOM

US EIA:NAT GAS STORAGE -125 BCF TO 3,622 BCF DEC 13 WK

MNI: US NAR: NOV EXISTING HOME SALES 4.15M SAAR

MNI: US DEC PHILADELPHIA FED MFG INDEX -16.4

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

SWEDEN: Higher-than-expected Flash Inflation Too Late To Influence Riksbank

SWEDEN
CEEMEABulletSwedenGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

Swedish flash October inflation was 2.1% Y/Y (vs 2.0% cons and prior; 1.8% Riksbank). This was the second consecutive month that underlying inflation has been above the Riksbank’s September MPR projection. The data will not have come in time to influence today’s Riksbank decision, but will be an input into the December decision and projection round.

  • Headline CPIF was 1.5% Y/Y (vs 1.3% cons, 1.1% prior and 1.1% Riksbank). Analysts had expected an uptick on the back of higher electricity prices.
  • No details are provided in the flash release, with the final print due next Thursday.
  • A 50bp is widely expected at today’s Riksbank decision (0830GMT/0930CET). MNI’s preview is here.
107 words

To read the full story

Close

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.

Swedish flash October inflation was 2.1% Y/Y (vs 2.0% cons and prior; 1.8% Riksbank). This was the second consecutive month that underlying inflation has been above the Riksbank’s September MPR projection. The data will not have come in time to influence today’s Riksbank decision, but will be an input into the December decision and projection round.

  • Headline CPIF was 1.5% Y/Y (vs 1.3% cons, 1.1% prior and 1.1% Riksbank). Analysts had expected an uptick on the back of higher electricity prices.
  • No details are provided in the flash release, with the final print due next Thursday.
  • A 50bp is widely expected at today’s Riksbank decision (0830GMT/0930CET). MNI’s preview is here.