External broker reports, Nordea

Nordea

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External broker reports

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Macroeconomics

<ul><li>Domestic supply prices for consumption goods were largely unchanged in April, while we had expected prices to decline.</li><li>Swedish manufacturing industry’s producer prices continued down in April and fell by 1.6% m/m and by 2.4% year-on-year.</li><li>The SEK strengthened by a full 3.7% vs the USD, 1.9% vs the GBP and by 2.4% vs the NOK during the period that SCB measures prices in April, but was largely unchanged vs the EUR.</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>

Domestic supply prices for consumption goods were largely unchanged in April, while we had expected prices to decline.Swedish manufacturing industry’s producer prices continued down in April and fell by 1.6% m/m and by 2.4% year-on-year.The SEK strengthened by a full 3.7% vs the USD, 1.9% vs the GBP and by 2.4% vs the NOK during the period that SCB measures prices in April, but was largely unchanged vs the EUR.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 producer & import prices: Consumer goods sideways in April