Swedish c.bank gov sees post-summer CPI up-tick

SWEDEN - Swedish inflation is likely to taper off in the next few months but rise anew after the summer due to strained resource utilisation, central bank Governor Urban Backstrom said on Tuesday.

He was testifying in parliament after the Riksbank's decision to raise interest rates by a quarter point to combat inflation, which has run well in excess of the bank's two percent target since late summer 2001.

"Inflation is...expected to approach two percent in the early summer. After that, however,

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: