In the speech 'Introduction to monetary policy' given on 16 October Lars Heikensten of the Sveriges Riksbank said the Riksbank's assessment is now that continued stable growth in incomes, wealth and employment will contribute to smooth and relatively robust growth in household consumption. During 2004 and 2005 an increase in investment is also expected, although there are no signs of a turnaround yet.

To read past central bank speeches use our Speech Finder. Click the link on the right.

Speech by