External broker reports, Nordea

Nordea

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External broker reports

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>CPIF inflationstood at 2.3% y/y andCPIF ex energyat 3.1% y/y in April.</li><li>The outcome for CPIF excluding energy was below our call (3.3%) and also lower than the Riksbank’s view (3.2%).Energy priceslowered the year-on-year figure for CPIF by 0.80% point.</li><li>Our forecast was energy prices reducing CPIF by 0.72% point y/y (Riksbank -0.86% point).In all, core inflation came out lower than we had expected and just below the Riksbank’s view.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

CPIF inflationstood at 2.3% y/y andCPIF ex energyat 3.1% y/y in April.The outcome for CPIF excluding energy was below our call (3.3%) and also lower than the Riksbank’s view (3.2%).Energy priceslowered the year-on-year figure for CPIF by 0.80% point.Our forecast was energy prices reducing CPIF by 0.72% point y/y (Riksbank -0.86% point).In all, core inflation came out lower than we had expected and just below the Riksbank’s view.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Swedish April flash inflation review: Below forecasts