- Sweden’s CPIF inflation excluding energy held at an annual 0.5% in September, just below the 0.7% median forecast in a Bloomberg survey and the Riksbank’s estimate.
- The steady core reading keeps a quarter-point Riksbank interest-rate hike in play over the months ahead.
Quotes
“Sweden’s core inflation held steady last month, largely matching expectations and setting the stage for a quarter-point interest-rate hike over the months ahead.”
“The CPIF inflation rate excluding energy stayed at an annual 0.5% in September, according to a preliminary release from Statistics Sweden on Wednesday.”