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Results: listing 1 - 6 of 586 for “Inflation”

UK Comment — UK consumer price inflation eases in May

  1. CPI down to 2.0% and core CPI down to 1.7%
  2. Cost pressures also ease in May
  3. Inflation trend should not affect BoE’s decision – policy to be kept unchanged tomorrow

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

Macro Comment Sweden — The krona has weakened, but it is not particularly weak

As the krona plunged to its weakest since the financial crisis, the exchange rate debate quickly spiralled. Media stories discussed the role of the Riksbank's monetary policy, how general risk aversion is hitting small open economies and how global uncertainty is high. But the debate has not stopped there: hypothe-ses are being treated as truths and remain unchallenged. What if the krona has weakened but should not be regarded to be particularly weak? After revisiting the fundamentals behind exchange rate trends and discussing the statistical pitfalls of comparing price data in different countries, we conclude that a signifi-cant part of the trend-weakening of the krona over the past decade can be explained by inflation rising faster in Sweden. As a consequence, the krona's undervaluation is not as sizeable as many have argued and our new fair value assessments are for a weaker krona than we previously estimated.

Anders Bergvall, Senior Economist | anbe83@handelsbanken.se

Fast Comment Sweden — Solid May CPI report

  1. Indications of a pick up in underlying inflation, much in line with our near-term outlook
  2. Spike in hotel prices might have been partly temporary, but, overall, a solid inflation print
  3. Despite near-term strength, we think inflation will fade next year, forcing the Riksbank to cancel planned rises

Johan Löf, Senior Economist | jolo22@handelsbanken.se

Fast Comment Norway — Core inflation no longer an argument for lifting the shorter-end of the rate path

  1. The CPI-ATE fell sharply in May (2.3 pct), well below expectations (2.6 percent)
  2. We still believe NB will hike its policy rate next week, but...
  3. ...core inflation no longer an argument for lifting the shorter end of the rate path

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Norway — Preview: Regional network and core inflation

  1. Probably too early to call a slowdown in the economy
  2. Core inflation to continue to run above Norges Bank’s short-term estimates
  3. Norges Bank to hike its policy rate in June

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Sweden — Swedish inflation a lingering bright spot as dark clouds form on economy's horizon

  1. May CPI report expected to show Riksbank hit its 2 percent target, again
  2. Underlying inflation has some additional upside in the near term...
  3. ...but headline CPIF inflation is under threat from an energy price meltdown

Johan Löf, Senior Economist | jolo22@handelsbanken.se