Weak inflation in Nordic countries likely to keep rates on hold
Sweden, Norway and Denmark are growing strongly, and have record low levels of unemployment, but analysts say inflation remains too weak to allow their central banks to abandon accommodative policies in their monetary policy meetings this month. Meanwhile, the Central Bank of Iceland kept rates on hold at its meeting today (December 13).
The consumer price index with a fixed exchange rate (CPIF) reached the 2% target in Sweden in November, 0.2% higher than in October, the office of national
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