Inflation Expectations Decline in October Survey by Swedish Central Bank

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Inflation Expectations Decline in October Survey by Swedish Central Bank
Photo: Chris Anderson/TT

Inflation expectations among interest rate actors, unions and employers are falling in October, shows the survey conducted by Origo Group on behalf of the Swedish Central Bank.

In a one-year perspective, expectations for CPIF inflation are at 1.6 percent, which can be compared to 1.9 percent in the measurement in September. The Swedish Central Bank's target for CPIF inflation is 2.0 percent.

In a two-year perspective, expectations are for an inflation rate of 1.9 percent and in a five-year perspective at 2.2 percent.

Regarding the US dollar, it is expected to strengthen slightly in a three-month perspective and cost 9.38 kronor, which can be compared to 9.30 kronor in the previous measurement. Currently, one dollar costs 9.46 kronor.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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