Despite the Swedish Central Bank's interest rate cuts and a downwardly revised forecast for interest rates ahead, expectations for KPIF inflation remain at 1.7 percent over a one-year horizon, the same level as in September, according to a fresh measurement of market inflation expectations conducted by Kantar Prospera.
The measurement is commissioned by the Swedish Central Bank.
Even over a two-year horizon, expectations for KPIF inflation are unchanged, then at 1.8 percent.
The Swedish Central Bank's target is a KPIF inflation of 2.0 percent.
Over a five-year horizon, the market expects KPIF inflation, with the effects of mortgage rates excluded, to be at 2.1 percent. This is marginally higher than in the September measurement, when it was at 2.0 percent.
