14 Jan 2016
Riksbank vigilant on CPI releases today – Danske Bank
FXStreet (Edinburgh) - Analyst at Danske Bank Mikael Milhoj noted today’s relevant inflation data in the Nordic economy.
Key Quotes
“December CPI- and CPIF data are released in Sweden. Our forecast is 0.1 ppt below the market average and 0.2 ppt below the Riksbank's projection”.
“Considering that several Riksbank board members have expressed concern about the lower than expected Novmber inflation figures and also warned that they are on high alert to intervene in order to stop the SEK from strengthening too much, we would guess that another round of low data would make the Riksbank very nervous indeed”.
Key Quotes
“December CPI- and CPIF data are released in Sweden. Our forecast is 0.1 ppt below the market average and 0.2 ppt below the Riksbank's projection”.
“Considering that several Riksbank board members have expressed concern about the lower than expected Novmber inflation figures and also warned that they are on high alert to intervene in order to stop the SEK from strengthening too much, we would guess that another round of low data would make the Riksbank very nervous indeed”.