Economy
Swedish central bank’s Floden says underlying inflation pressure worrying
FILE PHOTO: A general view of Sweden’s central bank in Stockholm, Sweden, August 12, 2016. Picture taken August 12, 2016. REUTERS/Violette Goarant
STOCKHOLM (Reuters) — A continued rise in underlying inflation is a worry, Swedish central bank Deputy Governor Martin Floden said on Tuesday.
Underlying inflation was 7.9% in October compared to a year earlier, above both the Riksbank’s and analysts’ expectations.
