Swedish inflation falls in January as Riksbank considers first hike
The CPI at fixed interest rates fell to 1.7% in January, compared with forecasts of 1.9%
Year-on-year CPIF inflation in Sweden fell to 1.7% in January from 1.9% in December, the official statistical office said today (February 20).
The reading of the CPI at fixed interest rates is well below the 2% target and adds another puzzle to the debate under way within the Riksbank’s executive board. After years of growth and low unemployment, some policymakers consider it is necessary for the central bank to start unwinding the ultra-loose policies it adopted to combat the crisis.
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