USD/SEK
USD/SEK
9.5893
-0.02% (-0.0018)
Market read
Inflation pressure in Sweden is cooling faster than expected across both headline and core measures. Broader-than-forecast disinflation strengthens the case for continued monetary easing, which could weigh on the krona. Next up: MBA 30-Year Mortgage Rate.
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Sweden's August preliminary CPI inflation came in below forecast, while the core measure (CPIF ex energy) missed expectations by an even wider margin and also slowed from the prior month.
Inflation pressure in Sweden is cooling faster than expected across both headline and core measures. Broader-than-forecast disinflation strengthens the case for continued monetary easing, which could weigh on the krona.
LiveSquawk·09/07, 01:05 PM
Low impactSweden's August preliminary CPI rose 0.3% year-on-year, below the 0.5% forecast and down from 0.2% prior, with CPIF ex energy at 0.5% y/y versus 0.7% expected.
FirstSquawk·09/07, 01:03 PM
Low impactSweden's August CPIF excluding energy rose 0.5% year-over-year, below the 0.7% forecast and down from 0.6% previously.
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