As the inflation rate held firm against the wage demands when inflation was at its worst, it has likely contributed to the price increases falling back, according to First Deputy Governor Anna Breman.
"The Swedish wage formation model has an advantage compared to many other countries and has likely also contributed to our better employment development in Sweden," she says according to a prepared statement at a seminar at Teknikföretagen on the upcoming larger wage round.
She repeats what the Riksbank has signaled earlier.
"If inflation prospects remain unchanged, the interest rate may be lowered again twice in the second half of the year."
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