Sveriges Riksbank Press Release

PRESS RELEASE - Repo rate lowered 0.25 percentage points to 3.75 per cent, 5 December.

At its meeting on Wednesday, 4 December, the Executive Board of the Riksbank decided to lower the repo rate from 4.0 to 3.75 per cent. This decision, which will apply from Wednesday, 11 December, is based on the picture of future inflation presented today in the Riksbank's Inflation Report.

Developments in the real economy remain weak. Industrial activity has deteriorated both internationally and in Sweden. I