Swedish inflation

Breman: Must be prepared for inflationary setbacks 

 

The risk of inflation getting stuck at too high a level has decreased in recent months and monetary policy should not be tighter than necessary. That's what Deputy Riksbank Governor Anna Breman said in a speech on Tuesday. 

 

- But we must be prepared for setbacks, she stressed and pointed to risks such as geopolitical tensions, a continued weak krona and uncertainty about companies' pricing behaviour. 

 

...................................................

 

Riksbank shutdown: We are starting to get inflation under control 

 

 The unexpectedly high inflation outcome for January is not something that makes the Riksbank tremble at the cuffs. The development is going in the right direction and the risk of negative surprises has decreased. That was the message when Deputy Governor Martin Flodén spoke in Stockholm on Tuesday, writes TT.  

 

According to Flodén, the Riksbank's forecast was that inflation would rebound in January, and it increased only marginally more than expected. 

 

- Yesterday's inflation figure was no surprise. [...] It is clear that we are starting to get inflation under control, he says. 

 

....................................................

 

Chief economist: Expect higher rents and fees  

 

Inflation in January was affected "a lot" by increased rents and condominium fees - and in the spring these will continue to rise. This is what Handelsbanken's chief economist Christina Nyman tells Affärsvärlden.  

 

The bank believes in an increase in rents by five percent in the coming months, something that could cause inflation to fall more slowly.  

 

- It is not indexation but rather negotiations between the public utility and the housing companies, and they have costs related to interest and energy that have lagged behind. 

 

However, Nyman does not believe that the Riksbank will be influenced by rising rents in its decision.