Sweden inflation above expectation - Persson

SWEDEN - Swedish inflation is higher than the central bank had expected because it may have over-estimated the economy's production capacity, deputy central bank governor Kristina Persson said on Thursday.

Her remarks are in line with the several recent statements from central bank officials indicating a tighter monetary policy as the economy comes close to bottoming out of a slowdown.

Persson said the Riksbank had previously estimated that a rate of economic growth which would not create capac

To continue reading...