Sveriges Riksbank Inflation Report, No. 1, 2005

Sweden's central bank, the Sveriges Riksbank, has published its First Inflation Report for 2005. The Riksbank's assessment is that the economic upturn will continue over the coming years and that resource utilisation will increase gradually both in Sweden and abroad.

"Despite global economic growth being high, international price pressure is low. The low international inflation and high domestic productivity growth are important factors behind the low inflation in Sweden. There are also a number

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