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Cheaper package holidays are pushing down inflation
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Cheaper package holidays are pushing down inflation

"Cheaper package holidays contributed to inflation falling in November, but food prices continued to rise. Today's outcome above all removes the risk that we would enter next year with uncomfortably high inflation," says Danske Bank's chief economist Susanne Spector
They had the cheapest mortgages in November
Business News

They had the cheapest mortgages in November

The average interest rate for variable mortgages was 2. 65 percent in November, according to a review from the comparison service Zmarta
Inflation falls unexpectedly much
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Inflation falls unexpectedly much

Inflation according to the CPIF measure fell to 2. 3 percent in November, according to preliminary figures from Statistics Sweden
Danske Bank: Interest rate hikes are getting closer
Business News

Danske Bank: Interest rate hikes are getting closer

The outlook for the Swedish economy is brightening, according to economists at Danske Bank – who see interest rate hikes approaching. “Outcomes and indicators point consistently towards stronger development,” they write in a new economic report
House prices fell in November
Business News

House prices fell in November

House prices fell back slightly in November after an otherwise strong recovery in the second half of the year, according to Danske Bank's house price indicator.
Klarna launches its own cryptocurrency
Business News

Klarna launches its own cryptocurrency

Payment company Klarna is launching its own cryptocurrency: Klarna USD. The aim is to “significantly reduce costs for both consumers and merchants,” the payment company writes in a press release
Novo Nordisk boosted the Danish economy
Business News

Novo Nordisk boosted the Danish economy

A boost for the pharmaceutical sector contributed to a boost for Denmark's GDP in the third quarter, preliminary figures from the country show.
Nvidia beats expectations
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Nvidia beats expectations

High hopes but also great market anxiety. Once again, however, chip giant Nvidia beats market expectations
AI craze on the stock markets – "could escalate"
Business News

AI craze on the stock markets – "could escalate"

The AI sector is shaking. The stock prices of the big tech giants are falling worldwide
The hottest election question – but how many are unemployed?
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The hottest election question – but how many are unemployed?

Unemployment is set to be one of the hottest issues of the election. And new figures show that it continues to rise and that Sweden has the third highest unemployment rate in Europe
Interest rate unchanged - uncertain about next steps
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Interest rate unchanged - uncertain about next steps

The Riksbank, as expected, is leaving the key interest rate unchanged at 1. 75 percent
Price increases in the housing market – “lightening”
Business News

Price increases in the housing market – “lightening”

There are "bright spots" in the housing market, according to a house price indicator from Danske Bank for October. At least that's true if you're planning to sell your home
Fed cuts interest rates: "Pretty comfortable"
Business News

Fed cuts interest rates: "Pretty comfortable"

The US Federal Reserve (Fed) is cutting its key interest rate by 0. 25 percentage points to a range of 3
Swedish GDP Growth Exceeds Expectations; Interest Rate Hike Possible
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Swedish GDP Growth Exceeds Expectations; Interest Rate Hike Possible

Swedish economy grows significantly faster than expected. There is thus a risk that the government has fueled the economy too much and that a rate hike draws nearer, according to assessors
AI Bubble Concerns Rise Amid Wall Street Records and Major Deals
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AI Bubble Concerns Rise Amid Wall Street Records and Major Deals

Records on Wall Street and a wave of giant deals in artificial intelligence (AI) have fueled speculation about a stock market bubble. It can "turn sharply", warns IMF chief Kristalina Georgieva
Swedish Economy Surpasses Expectations with August Growth
Business News

Swedish Economy Surpasses Expectations with August Growth

Swedish economy is on its way to pick up better pace than expected, show new figures. Had the Swedish Central Bank had these figures in front of them a few weeks ago, the rate cut may have been avoided, according to assessors
Major Banks Reduce Variable Mortgage Interest Rates
Business News

Major Banks Reduce Variable Mortgage Interest Rates

Handelsbanken and Danske Bank are joining other major banks and lowering the variable mortgage interest rate.
Interest Rate Cut May Signal Time to Fix Mortgage Rates
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Interest Rate Cut May Signal Time to Fix Mortgage Rates

Bind or choose variable when it comes to the housing loan? That is the question many mortgage borrowers ask themselves after today's interest rate decision. The answer is not given, according to economist Christina Sahlberg
Novo Nordisk Layoffs Not a Major Blow to Danish Economy
Business News

Novo Nordisk Layoffs Not a Major Blow to Danish Economy

Denmark's most important company, the diet giant Novo Nordisk, is having a tough time. And recently came the message that 5,000 of the company's employees in the country are being laid off
Swedes Report Decreased Satisfaction with Banks This Year
Business News

Swedes Report Decreased Satisfaction with Banks This Year

Swedes' customer satisfaction with the banks has decreased over the past year, shows the Swedish Quality Index annual review.
Powell's Rate Signal Influences Swedish Households Too
Business News

Powell's Rate Signal Influences Swedish Households Too

A rate cut is in the cards, but what the American central bank says about the future can have a major impact also on Swedish households. The Stockholm stock exchange reflects much more how things look in the surrounding world than in the Swedish economy, says Maria Landeborn at Danske Bank
Skandiabanken Offers Lowest Mortgage Rates in August
Business News

Skandiabanken Offers Lowest Mortgage Rates in August

The average interest rate for variable-rate mortgages was 2. 85 percent in August, shows a review from the comparison service Zmarta
Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast
Business News

Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast

Danske Bank expects the Swedish Central Bank to lower the interest rate once more this year. Despite the inflation being described as "too high" in a new economic trend report
Nvidia's Impact on Swedish Savers and Pension Funds
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Nvidia's Impact on Swedish Savers and Pension Funds

More than a hundred thousand Swedes own the share, and millions own funds where the company is the largest holding. Nvidia's quarterly report this evening is a matter of concern for all small investors
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