We have recently seen inflation figures from a number of G10 countries showing signs of peaking as they extend slowdown. Eurozone and U.S. inflation are now off their highs and their monthly figures post deflationary prints
Headline inflation in Sweden is diverging from the group as it extended for another month to post a double-digit print. Consumer prices expanded at 12.3% vs the estimate of 12.0% Y/y, CPIF rises by 10.2% vs the estimate of 9.8% Y/y
December Swedish prices showed housing and utilities rising faster than previous at 6.4% M/m. Transport prices saw declines, while all other components posted gains
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