Sveriges Riksbank Inflation Report, No.2, 2004

Sweden's central bank, the Sveriges Riksbank, has published its Second Inflation Report for 2004. On the whole, the recovery in the Swedish economy has progressed largely as anticipated in the previous Inflation Report. New data suggest that net exports will be unexpectedly robust this year, the report said.

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However, the pickup in investment has been postponed somewhat. The labour market has also been somewhat weaker than expected. Compared with the previous Inflation

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