Whether the established figures deviate from the preliminary ones remains to be seen. The probability that Riksbanken will lower the policy rate on the 19th of December 2024 has decreased significantly.
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12.12.2024
Awaiting the established data
In a couple of hours, Statistics Sweden (SCB) will publish the Swedish inflation rate for November. On 5 December 2024, Statistics Sweden reported that according to preliminary statistics, CPI inflation for November 2024 was unchanged at 1.6% from the previous month. For CPIF-XE (CPIF excluding energy), the preliminary inflation rate in November was 2.4%, which can be compared with 2.1% in October. Which it's highest level in six months after the Swedish central bank AKA Riksbanken decided to increase the pace of interest-rate cuts to support the ailing economy, writes Bloomberg's.
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