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Country Focus

Riksbank Set to Pause in August as Inflation Surprises to the Upside

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Stronger-than-expected June inflation will likely keep the Riksbank on hold in August, despite soft underlying trends. Headline inflation accelerated more than expected to 0.5% m/m (0.8% y/y), while CPI ex-housing rose to 2.9% y/y and core inflation to 3.3% y…

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