US EditionEconomists 'concerned' about higher than expected Swedish inflation
6 Articles
6 Articles
Inflation was higher than expected in June – and now the trend of falling mortgage rates may be slowing, according to experts. What does this mean for you with your mortgage – and should you choose variable or fixed?
The inflation rate in June was significantly higher than expected. “There will probably be no interest rate cut until we see that this is an exception,” says Alexandra Stråberg, chief economist at Länsförsäkringar, to TT.
August rate cut may be off the table with Sweden’s inflation surge to 2.9%
Sweden’s inflation rate climbed to 2.9%, past analyst expectations, leading many to doubt whether the central bank will move forward with its anticipated August rate cut. In May, the country’s CPIF was 2.3%; thus, many analysts’ forecasts ranged between 2.4% and 2.5% for June. The country’s central bank had particularly hoped for 2.4%. However, the current 2.9% has stirred uncertainty in an already struggling economy. Traders’ expectations are d…
Inflation in June rose to 2.9 percent according to the CPIF measure, according to a preliminary calculation made by Statistics Sweden (SCB).
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