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Country Focus

Low Inflation Buys Time For Riksbank

by Gabriel Gosselin, Research Associate   Felix Vezina-Poirier, Chief Strategist  

Subdued Swedish inflation should keep the Riksbank on hold. June headline CPIF eased to 1.3% y/y (0.3% m/m) from 1.5% (0.9%), and CPIF excluding energy slowed to 0.4% y/y (0.6% m/m) from 0.5% (0.7%). Both were marginally above estimates, but disinflation has…

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