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Fast Comment Sweden

Fast Comment Sweden — Confidence in March slightly weaker than in February

  1. Manufacturing confidence: marked m-o-m decrease
  2. Construction confidence: new record high in March
  3. Overall confidence: slightly weaker

Anders Brunstedt, Economist | anbr42@handelsbanken.se

Fast Comment Sweden — Unemployment in February broadly in line with expectations

  1. Seasonally adjusted unemployment rate in February.: 6.9 percent (6.9 in January)
  2. Actual unemployment rate in February: 7.4 percent (7.3 in January)

Anders Brunstedt, Economist | anbr42@handelsbanken.se

Fast Comment Sweden — CPIF inflation at 2 percent in February, the highest rate in six years

  1. CPIF inflation in February: 2.0 percent (1.6 percent in January)
  2. CPI inflation in February: 1.8 percent (1.4 percent in January)
  3. 'Imported inflation' is now boosting inflation, huge shift vs. six months ago

Anders Brunstedt, Economist | anbr42@handelsbanken.se

Fast Comment Sweden — Industrial production in January recovered from December drop

  1. January industrial production in line with forecasts
  2. Both macro and survey data suggest IP recovery ahead

Anders Brunstedt, Economist | anbr42@handelsbanken.se

Fast Comment Sweden — Retail sales in January broadly in line with expectations

  1. January retail sales increase, after unexpected December drop
  2. January increase: 1.3/2.2 percent m-o-m/y-o-y (-2.6/1.0 percent in Dec.)

Anders Brunstedt, Economist | anbr42@handelsbanken.se

Fast Comment Sweden — GDP growth keeps slowing; weak signs in domestic demand growth

  1. Q4 close to general expectations, weaker than our forecast
  2. GDP increased by 1.0/2.3 percent q-o-q/y-o-y in Q4 last year
  3. Annual GDP growth in 2016 lands at 3.0 percent

Anders Brunstedt, Economist | anbr42@handelsbanken.se