Inflation & Prices
Sweden’s Core Inflation Slows in Relief for the Riksbank
- Both CPIF and core inflation in December trailed projections
- Data comes as Riksbank officials consider final easing move
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Sweden’s core inflation rate slowed more than expected at the end of the year, fueling expectations that the Riksbank will deliver its one planned interest-rate cut already this month.
A measure of annual price increases excluding energy declined to 2.1% in December, Statistics Sweden said on Wednesday, citing a preliminary figure. The median estimate of analysts surveyed by Bloomberg was 2.2%, the same as the Riksbank’s projection.