Inflation & Prices
Swedish Core Inflation on Target as Riksbank Plots Next Move
- Measure that excludes energy prices grew 2% in September
- Economists say economic data will decide the size of next cut
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Sweden’s core inflation rate fell to the Riksbank’s 2% target for the first time since 2021 as the central bank is weighing its next easing move to spur domestic demand.
A measure of annual price increases that strips out energy declined to 2% last month, according to a flash estimate published Tuesday by Statistics Sweden. That’s just above the 1.9% that the Riksbank as well as economists surveyed by Bloomberg had expected.