Investing.com - Financial Markets Worldwide

Fixed Income: Sweden's April Inflation Preview

ByDanske Markets
Published 05/14/2013, 08:48 AM
Updated 05/14/2017, 06:45 AM
TTEF
-0.10%

Swedish April inflation is usually not a particularly volatile event and this time is no exception. We expect both CPI and CPIF to print 0.1% m/m. Looking at the inflation rates, we expect a bottom this or next month and a gradual rise over the next two years to still quite modest levels.

In April upward price pressure is likely to come mainly from the clothing, rent and transportation components, adding about 0.2pp altogether. Downward pressure stems mainly from lower mortgage rates and falling petrol/diesel prices, pulling down by 0.1pp in total. In our view, risks are quite balanced.
Price Forecasts
Comparing to Riksbank’s April forecasts there isn’t really much to say, we have exactly the same for both CPI and CPIF. Hence, at least for now there is nothing to suggest that there will be renewed divergences that could affect Riksbank’s rate decision. As can be seen below though, we still expect less inflation than Riksbank over the coming years.

To Read the Entire Report Please Click on the pdf File Below.

Latest comments

Loading next article…
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.