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14 May 2013
Forex Flash: SEK inflationary pressures eased more than expected in April – TD Securities
FXstreet.com (London) - The research team at TD Securities have explained that SEK Inflationary pressures eased more than expected in April, with headline CPI at –0.5% Y/Y (mkt –0.2%) and CPIF at +0.5% Y/Y (mkt 0.8%).
They say that While some of the downward pressure came from the same drop in holiday packages that helped to depress Eurozone CPI, we also saw lower prices for clothing, electricity, transport services, and furnishings, so the weakness was widespread enough to get markets thinking a little bit harder about the possibility of a rate cut from the Riksbank
They say that While some of the downward pressure came from the same drop in holiday packages that helped to depress Eurozone CPI, we also saw lower prices for clothing, electricity, transport services, and furnishings, so the weakness was widespread enough to get markets thinking a little bit harder about the possibility of a rate cut from the Riksbank