Sweden: CPI to slip further in February - TDS

Analysts at TDS are looking for Sweden’s CPIF to slip further in February to just 1.6% y/y (mkt 1.7%), which is considerably below the Riksbank's forecast from the February MPR of 1.85%.

Key Quotes

“Behind the headline, we look for "core CPI" (CPIF ex-food and energy) to hold steady at 1.1% y/y, but for more downside to come from food prices (as we saw in the EZ) and energy prices, after the drop in crude oil prices from their January peak. Early tracking also has us sitting below the Riksbank's forecast from the Feb MPR for the March data, so altogether the three months of lower than expected inflation prints are setting up for a more dovish Riksbank in April.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.