Sweden CPI declines against expectations

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Consumer prices in Sweden returned to decline in October of this, as the annual deflation reached 0.1%, while analysts forecasted the prices to add 0.2%. The Riksbank's target for inflation is 2%. At the same time, economists do not expect the monetary policy of Riksbank to change rapidly in the nearest future, as the central bank holds the main interest rate at 1% at the moment.

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