Country Focus
Sticky Core Inflation Keeps Riksbank on Hold for Now
Sweden’s July inflation print came in cooler than expected, but core remains too high for an imminent Riksbank cut. CPI rose 0.8% y/y, while CPIF climbed to 3.0% and core CPIF decelerated to 3.1%, still above the Riksbank’s 2.8% July forecast and outside…
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