4.19.2024

Here comes inflation on the rise

There is still no official information about who just sent drones to the Iranian city of Isfahan. Whether it is Israel's response to Iran's massive attack on them late last week or a third party that "seized the opportunity" to increase tensions in the area is not yet clear. Regardless, oil prices are rising right now, which will contribute to rising inflation in the near future.

In addition to this, the negotiations between the Swedish landlords and the tenant association have just been concluded. Most will receive a rent increase of between 3.5% and 5.5% from 1 April 2024 and between 3.3% and 5.3% from 1 April 2025.

The consequence of the above is that inflation rises in Sweden, which in turn means that Sweden's central bank will with great certainty not lower the policy rate at the upcoming monetary policy decision on May 7, 2024.

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