SEK appreciation to have marked consequences for Sweden inflation outlook

Oct 13, 2015 06:47 am UTC| Commentary

Swedens trade-weighted exchange rate is almost 2 percent stronger than assumed by the Riksbank. If the Riksbank does not act at the monetary policy meeting in October, the krona is likely to appreciate further. Food...

Sweden's core inflation to rise to 1.7%

Oct 13, 2015 06:43 am UTC| Commentary

A simple estimate* of the exchange rates effect on Swedens inflation suggests that the earlier weakening of the krona explains a large part of the increase in inflation. The SEK are currently crucial for monetary policy...

Foreigners continued to sell HUF

Oct 13, 2015 06:42 am UTC| Commentary

Latest CenBank data confirm that foreigners continued to sell holdings of local currency Hungarian government bonds through August. This trend had started in February 2015, and by August, the non-resident share of total...

Poland CPI likely fallen slightly in September

Oct 13, 2015 06:38 am UTC| Commentary

On a yearly basis, food price growth may move into positive territory for the first month since April 2014, while transport prices are likely to again subtract around 0.9pp from the headline figure. The CPI figure of...

UK September CPI likely to be -0.1% y/y

Oct 13, 2015 06:36 am UTC| Commentary

UK September CPI data is due today. There is also a deluge of central bankspeak, again most notably in the UK. The most hawkish (McCafferty) and most dovish (Haldane) MPC members, but most interesting will be comments from...

Greek parliament vote to pave the way for €2bn ESM disbursements

Oct 13, 2015 06:26 am UTC| Commentary

As agreed at last weeks Eurogroup meeting, the Greek parliament is expected to pass this week the 49 milestones needed to obtain the second sub-tranche of 2bn of the first tranche of the programme. These measures include...

Danish inflation stays unchanged at 0.5%

Oct 13, 2015 06:13 am UTC| Commentary

Danish inflation increased by 0.5% in September- unchanged compared to last month. Danish inflation is likely to pick up the pace towards the end of 2015, foresees Nordea Bank. This will both be driven by smaller base...