Nordea believes in higher Swedish inflation in their recent view on the economy


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Friday, 10 June 2011
The biggest Scandinavian bank, Nordea expects inflation in Sweden to rise to 3.5 percent in May, according to a forecast. If mortgage rates are excluded, inflation is expected to be close to 2 percent in coming months.


Excluding energy and food, inflation will be 1 percent. From this the Nordea’s conclusion it will mean that inflation will be low for "debt-free people who are frugal, with not heating of their homes or driving."
In April, Swedish inflation was 3.3 percent.
By Team

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