Hoppa till textinnehållet

Hej, vi hjälper dig gärna!

Arkiv Makrofokus

Preview: Lower CPIF inflation in July

CPIF inflation is falling due to base effects. Underlying changes just as important as the main CPIF figure. Norwegian CPI, which was released Friday, brings upside risk to our estimate.

12 August 2019: Preview: Lower CPIF inflation in July

What happened while you were away?

We’ve put together the economic news for Sweden and elsewhere since July. Not that great news but enjoy!

8 August 2019: What happened?

Preview: CPIF & core CPIF will be a challenge for the Riksbank

CPIF falls but CPIF excluding energy rises. Few, but volatile, price groups lower inflation in June. Energy prices decreases inflation in June.

10 Juli 2019: Preview: CPIF & core CPIF will be a challenge for the Riksbank 

Torrt krut och slagläge för finanspolitiken

Utdraget lågt ränteläge och stora reformbehov sätter finanspolitiken i fokus. Våra beräkningar visar på ett reformutrymme på 250-500 mdkr fram till 2023. 

1 Juli 2019: Torrt krut och slagläge för finanspolitiken

Svensk bostadsmarknad; Från stabilisering till ökande priser - politiken en joker i leken

Vi väntar oss en stabil bostadsmarknad med oförändrade till lätt uppåtgående priser. Utbudet är fortsatt högt i närtid men kommer att dämpas framöver. Bostadsinvesteringarna dämpas tydligt i år, men inbromsningen når nu botten.

19 Juni 2019: Svensk bostadsmarknad; Från stabilisering till ökande priser - politiken en joker i leken

Preview: Inflation again below the Riksbank's forecast

CPIF falls but is still in line with the inflation target. Volatile airfares reduce the inflation rate in May. Low imported inflation despite the weak krona.

13 June 2019: Preview: Inflation again below the Riksbank's forecast

Brexit - ett sisyfosarbete

Majoriteten av de tio Tory-kandidaterna för partiledarposten förespråkar en hård Brexit. Vissa av kandidaterna är tydliga med att utträdet måste vara klart den 31 okt 2019. Detta är en optimistisk tidsplan inte minst då risken är att kommissionen inte har hunnit få en ny ordförande.

13 June 2019: Brexit - ett sisyfosarbete

ECB preview: From Vilnius with…

Economic data became less disappointing, but external and internal risks are abundant. The terms of TLTRO-III are likely to be unveiled, but no major change in forward guidance.

4 June 2019: ECB Preview: From Vilnius with...

European Elections May 23-26, 2019

Voters in 28 EU countries will cast their ballots for 753 members of the European Parliament on May 23-26, the only directly elected EU institution. A powerful Eurosceptic and nationalist minority is expected to emerge from the vote, with the pro-European mainstream weakened and fragmented.

23 May 2019: European Elections May 23-26, 2019 

Preview: Inflation rose broadly in April - Easter is a wild card

Easter and higher oil price, among others, are helping the CPIF to rise above 2%. Danish and Norwegian CPI bring no news ahead of tomorrow’s Swedish CPI. Weak SEK will sooner or later put a mark on CPI, but timing and magnitude uncertain.

13 May 2019: Preview: Inflation rose broadly in April - Easter is a wild card

Macro Focus Nordic-Baltic Business Report

All Nordic and Baltic countries are enjoying a remarkably smooth and steady business cycle. The economies remain competitive, but a rise in global protectionism threatens the short-run outlook while structural challenges will hinder growth going forward, especially in the Baltic countries.

8 May 2019: Nordic-Baltic Business Report

Macro Focus ECB update: downside risks and dovishness reiterated

As expected, no changes in monetary policy of forward guidance. Slow growth momentum is expected to last longer, but most recent data gives some relief. Updated macroeconomic projections and more details on TLTRO-III in June.

10 April 2019: Macro Focus ECB update: downside risks and dovishness reiterated

Minor price movement and falling inflation rate in March

March was likely an uneventful month for inflation. Falling annual rates in both CPIF and CPIF excl. energ. Danish and Norwegian CPI give no clues for tomorrow’s Swedish CPI.

10 April 2019: Minor price movement and falling inflation rate in March

Globalt: Längre liv - lägre räntor

Under de kommande åren kommer demografin att fortsätta pressa ned räntorna globalt. Detta kan leda till svällande balansräkningar, finansiell instabilitet och utmana centralbanker.

9 April 2019: Globalt: Längre liv - lägre räntor

ECB preview: Uneventful meeting, but let's listen to the mood

Economic data continued to disappoint, but we think that the worst is behind us. No major change in monetary policy or forward guidance is expected.

8 April 2019: ECB preview: Uneventful meeting, but let's listen to the mood