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Albin Kainelainen

Albin Kainelainen

Swedish food VAT cut fully passed on in lower prices, report says
Business NewsTop News

Swedish food VAT cut fully passed on in lower prices, report says

The reduction in food VAT this spring had a full impact, in the form of lower food prices, according to a first interim report from the Swedish Consumer Agency and the National Institute of Economic Research.
Swedish confidence improves as growth beats expectations, price hikes loom
Business News

Swedish confidence improves as growth beats expectations, price hikes loom

Sentiment is stronger than normal among Swedish households, according to a barometer from the National Institute of Economic Research (KI). And more companies than normal expect to be able to raise prices
KI: Next government could have SEK 95 billion in unfunded reforms, agency says
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KI: Next government could have SEK 95 billion in unfunded reforms, agency says

The government’s fiscal deficit is not sustainable, and the scope for reform is therefore historically low. But it is still significantly larger than the government itself says, according to the National Institute of Economic Research
Swedish Government Cuts GDP Growth Forecast Amid Tariff Concerns
Business NewsTop News

Swedish Government Cuts GDP Growth Forecast Amid Tariff Concerns

The Government is writing down the GDP forecast. The Swedish economy is now expected to slow down further due to the tariffs
The Council's Advice to the Government: Be Frugal until the Shock Comes
Sweden News

The Council's Advice to the Government: Be Frugal until the Shock Comes

In the midst of a toxic customs chaos, the government is presenting its spring budget. Most of the money will go towards increasing the ROT deduction, to support the construction industry and households that want to renovate
Assessors: More Cuts Are Needed
Business News

Assessors: More Cuts Are Needed

Today's interest rate cut is the last one that the Swedish Central Bank is currently signaling. Completely wrong, according to several actors who want to see further cuts in the near future
Investigator: Cost-based rent should be abolished
Entertainment NewsTop News

Investigator: Cost-based rent should be abolished

The criticized cost rent should be abolished. This is the opinion of the government's investigator, who instead proposes market rent for, among other things, the National Museum and the Royal Opera
New inflation figure expected to surpass the old one
Business News

New inflation figure expected to surpass the old one

The new rapid inflation figure – which the Statistics Sweden (SCB) will start reporting tomorrow – will knock out the ordinary inflation figure as the important one, experts believe. I think the market reaction will come in conjunction with rapid-CPI, says major bank SEB's inflation expert Olle Holmgren
The Swedish Central Bank can move faster
Business News

The Swedish Central Bank can move faster

Swedish economy shrinks and inflation is expected to fall even further below target when new inflation figures are presented on Thursday. The Swedish Central Bank could move faster, says Albin Kainelainen, Director-General of the National Institute of Economic Research (KI)
Six rate cuts before next summer
Business NewsTop News

Six rate cuts before next summer

The National Institute of Economic Research expects six interest rate cuts before next summer, a clearly faster pace of reduction than what the Swedish Central Bank has indicated. It is time for the Swedish Central Bank to increase the pace, says the General Director of the National Institute of Economic Research, Albin Kainelainen
Interest Rate Cut Expected After the Summer
Business NewsTop News

Interest Rate Cut Expected After the Summer

Next interest rate cut will come after the summer, according to the National Institute of Economic Research. We believe the Riksbank will cut three times more this year – and a further three times next year, says NIER's Director-General Albin Kainelainen
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