- CPI and CPI core inflation down to 2.4% and 1.9% respectively
- Inflation pulled lower by the same volatile components that pulled up in August
- Inflation now in line with the BoE’s expectation
- Key inflation indicators somewhat stronger than expected...
- ...as signals on underlying inflation strengthen
- Highly determined Riksbank can tick another box on the route to its rate hike
- CPI-ATE unchanged at 1.9 pct, above expectations
- We had 1.7 pct, consensus 1.8 pct
- Norges Bank expecte 1.6 pct
- Inflation picking up further
- Underlying inflation leading the way, one indication being an expected lift in CPIF excluding energy
- Clothing and shoes among risks to this month's CPI print
- Tirsdagens tal for vareeksporten ventes at vise en stigning på tæt på 3% m/m i august. Vi venter uændret import, hvormed overskuddet på handelsbalancen ses at stige fra 7,4 til 9 mia. kr.
- Overskuddet på betalingsbalancen ventes også at være stegt fra 14,4 til 15,5 mia. kr. i august
- Forbrugerpriserne, der kommer onsdag, ventes at være steget med 0,1% m/m i september, som holder årsstigningstakten uændret på 1,0%
- The budget proposal for 2019 should be a non-event for the market
- Core inflation expected lower in Sep; we expect 1.7 pct, Norges Bank 1.6 pct
- Manufacturing probably pulled back a bit in Aug; trend still positive