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February 14, 2012
Inflation
The following articles have been tagged with "Inflation":
Ingves: Interest rates stable all year
Business & Money: 2 Jan 12
The head of Sweden's central bank has said he expects Sweden's interest rates to remain at their current low level in 2012, but warned banks that they must be more open about how much they earn from lending to customers.
READ »
Sweden cuts interest rate amid eurozone worries
Business & Money: 20 Dec 11
Sweden's central bank cut the country's benchmark interest rate by 0.25 percent on Tuesday, at the same time signaling the rate would remain low throughout 2012 amid concerns about developments in the eurozone.
READ »
Laureates accept Nobel prizes in Stockholm
Society: 10 Dec 11
Sweden’s King Carl XVI Gustaf handed out the Nobel prizes in medicine, literature, economics, physics and chemistry the 2011 laureates at a gala ceremony in Stockholm on Saturday.
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ECB cuts a 'risky' strategy: Swedish expert
Business & Money: 3 Nov 11
Following the news that the European Central Bank unexpectedly cut its prime interest rate, Swedish experts are questioning the strategy, saying it could prove "risky".
READ »
Riksbank leaves base rate unchanged
Business & Money: 27 Oct 11
Sweden's Riksbank has left Sweden's benchmark interest rate unchanged at 2 percent and has delayed any rises well into 2012, meeting market expectations.
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Quality wins over Stockholm's foreign students
Education: 20 Oct 11
Since Sweden introduced university tuition fees for people from non-EU countries, students' expectations have increased. But those studying at Stockholm University say they are getting good value for money.
READ »
Two Americans share economics Nobel
National: 10 Oct 11
The 2011 Nobel prize in economics has been awarded to US-based economists Thomas J. Sargent and Christopher A. Sims for “their empirical research on cause and effect in the macroeconomy”.
READ »
Riksbank leaves repo rate unchanged
Business & Money: 7 Sep 11
Sweden's Riksbank announced on Wednesday that they have decided to hold the country's main interest rate unchanged at 2 percent and to postpone future increases.
READ »
Swedes enjoy four decades of prosperity
Business & Money: 6 Sep 11
Swedish households have seen their wealth grow in the past four decades, although many Swedes have seen their debts increase as well, according to new figures from Swedish bank Swedbank.
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Swedish pensioners promised tax cut
Business & Money: 5 Sep 11
Sweden's Alliance government has promised pensioners reduced taxes in 2013 or 2014 - if the public finances allow, with reforms to help the poorest pensioners to come into force already next year.
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Sweden faces economic slowdown: report
Business & Money: 31 Aug 11
Sweden's National Institute of Economic Research (NIER) has cut its forecast for Swedish growth and sees a significant risk that the eurozone debt crisis could worsen.
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Swedish inflation climbs in July
Business & Money: 11 Aug 11
Sweden's inflation rate rose at a higher clip in July than in the previous month, partly due to rising mortgage interest costs, although consumer prices remained flat.
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Sweden’s Riksbank raises interest rates
Business & Money: 5 Jul 11
The Swedish central bank, Riksbanken, has decided to raise the repo rate by 0.25 percentage points to 2.0 per cent, the bank announced on Tuesday.
READ »
Sweden 'failing' in fight against child poverty
Society: 7 Jun 11
Failed family policies and a welfare system that has become less fair are to blame for an increase in child poverty in Sweden, according to charity Save the Children.
READ »
Sweden's Riksbank raises interest rates
Business & Money: 20 Apr 11
Sweden's Riksbank on Wednesday announced that it has raised the base repo rate by 0.25 percent to 1.75 percent, while maintaining its rate forecasts for 2011 and 2012.
READ »
Sweden projects budget surplus build-up
Business & Money: 13 Apr 11
The government expects a budget surplus by the end of the year, although Sweden's 2011 growth rate may not be as strong as previously forecast, according to the spring budget bill released on Wednesday.
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Housing, clothes push up Swedish inflation
National: 12 Apr 11
Swedish inflation rose at a higher rate in March than the previous month driven by price hikes for clothing and footwear and housing, official data showed on Tuesday.
READ »
Riksbank head: financial crisis 'over' in Sweden
National: 3 Mar 11
The head of Sweden's central bank said on Thursday that the financial crisis is over, but warned about the potential risks associated with an increasingly strong krona.
READ »
Saab's Brazil Gripen bid delayed further
Business & Money: 23 Feb 11
Swedish defence contractor Saab will be made to wait further for a decision on the company's bid to sell its Gripen fighter jet to Brazil, the Brazilian defence ministry said Tuesday.
READ »
Swedish inflation advances in January
Business & Money: 17 Feb 11
Sweden's inflation rate rose at a higher clip in January than the previous month, partly due to rising housing costs. But underlying inflation rose less than expected.
READ »
Sweden's central bank hikes interest rate
Business & Money: 15 Feb 11
Sweden's central bank, the Riksbank, has hiked its interest rate by 0.25 percentage points to 1.5 percent and at the same time increased its forecast for future interest rates.
READ »
Alliance faces defeat in sale of state-owned firms
Business & Money: 21 Jan 11
Sweden's ruling minority Alliance coalition may lose yet another vote in parliament after the Sweden Democrats announced their intention to support a motion to stop or restrict the sale of state-owned enterprises.
READ »
'No housing bubble in Sweden': central bank
Business & Money: 20 Jan 11
Sweden's central bank does not see a housing bubble or bubble-like behaviour in the housing market, according to a high-ranking official at the institution.
READ »
'Financial crisis over in Sweden': Nordea
Business & Money: 19 Jan 11
The financial crisis is over in Sweden, Nordic financial services group Nordea declared in a report on Wednesday.
READ »
Housing costs cause Swedish inflation spike
Business & Money: 13 Jan 11
A substantial increase in housing costs and higher prices for electricity and food raised Sweden's inflation rate to the unexpectedly high level of 2.3 percent in December, exceeding the central bank's target.
READ »
Swedish medical errors prove ever more costly
Business & Money: 4 Jan 11
The cost of paying for harm done to patients in the Swedish healthcare system has nearly doubled in the last decade, according to a new report.
READ »
Swedish GDP growth nears record high: report
Business & Money: 21 Dec 10
Sweden's GDP growth is currently at levels that have been outpaced only four other times since World War Two, according to a finance ministry agency on Tuesday.
READ »
UK EU budget deal not tight enough: Reinfeldt
Politics: 18 Dec 10
Swedish Prime Minister Fredrik Reinfeldt said that he would not support Britain's drive to restrict EU spending, saying it was not far-reaching enough, Swedish public radio reported on Friday.
READ »
Riksbank raises interest rate by 0.25 percent
Business & Money: 15 Dec 10
Sweden’s central bank, the Riksbank, once again hiked the country’s benchmark interest rate by 0.25 percent on Wednesday, bringing the interest rate up to 1.25 percent.
READ »
Swedish inflation accelerates in November
Business & Money: 9 Dec 10
Sweden's consumer price index (CPI) continued its climb in November, fuelled by ever-increasing housing and electricity prices, Sweden's statistics agency announced on Thursday.
READ »
Swedish optimism on economy grows
Business & Money: 25 Nov 10
A research institute has revealed that while optimism among Swedes regarding the country's economy has increased, they are feeling less positive about their own household finances.
READ »
Sweden raises interest rate by 0.25 percent
Business & Money: 26 Oct 10
Sweden’s Riksbank raised the country’s benchmark repo rate by 0.25 percent on Tuesday, bringing the interest rate up to 1.0 percent.
READ »
Sweden amends growth forecast
Business & Money: 12 Oct 10
The Swedish government has forecast higher economic growth in 2010, but projects growth to slow more than expected in 2011 according to the financial outlook included in the budget proposition made public on Tuesday.
READ »
'Well-meaning Swedes treat migrants like pets'
Analysis & Opinion: 9 Sep 10
With a xenophobic political party knocking on the door of the Riksdag, Swedish journalist Lars Åberg examines why, despite good intentions, many Swedes still view immigrants like household pets.
READ »
Swedish inflation drops slightly in August
Business & Money: 9 Sep 10
Consumer prices remained unchanged between July and August, according to Statistics Sweden with the annual inflation rate dropping to 0.9 percent, down from 1.1 percent in July.
READ »
Riksbank raises base rate to 0.75 percent
Business & Money: 2 Sep 10
Sweden's Riksbank has raised the repo rate by 0.25 percentage points to 0.75 percent, a decision which was widely forecast.
READ »
Improved outlook for Swedish economy: report
Business & Money: 1 Sep 10
Swedes should expect higher economic growth and lower unemployment than previously forecast, according to a new report from the National Institute of Economic Research.
READ »
Nordea upbeat on Swedish economy
Business & Money: 30 Aug 10
Sweden's economic recovery is gathering pace and the economy is now close to a return to a normal economic cycle, Nordic bank Nordea has stated in an upbeat new report.
READ »
Swedish inflation rises to 1.1 percent in July
Business & Money: 12 Aug 10
Inflation climbed slightly to 1.1 percent in Sweden in July, up from 0.9 percent in June, new figures showed on Thursday.
READ »
Swedes more positive about economy: study
National: 29 Jul 10
Consumer confidence in the economy among Swedes is considerably more positive than normal, the National Institute of Economic Research (Konjunkturinstitutet) wrote in its latest monthly barometer.
READ »
Nordea Q2 profit falls, issues mixed outlook
Business & Money: 21 Jul 10
Nordea Bank announced a second-quarter profit decline on Wednesday and issued a mixed economic outlook, pointing out that the Nordic countries doing well, but the eurozone is still fighting a debt crisis.
READ »
Entrepreneur inflation expectations drop: poll
Business & Money: 21 Jul 10
The inflation expectations of Swedish entrepreneurs have fallen, the latest poll from Skop (Skandinavisk Opinion) published on Monday shows.
READ »
Riksbank raises repo rate to 0.5 percent
Business & Money: 1 Jul 10
Sweden's central bank, the Riksbank, has raised its key interest rate by 0.25 percentage points to 0.5 percent on Thursday, matching most analyst estimates.
READ »
Swedish consumers optimistic about future
Business & Money: 23 Jun 10
Swedish consumers are increasingly confident of the prospects for the country’s economy, according to a new report, but growth could be hit by austerity measures in Europe.
READ »
Small rise in inflation in May
Business & Money: 10 Jun 10
Consumer prices in Sweden rose by 0.2 percent in May, according to new figures from Statistics Sweden. Inflation was 1.2 percent, compared with 1 percent in April.
READ »
Stockholm markets recoil on debt crisis concerns
Business & Money: 11 May 10
The Stockholm stock exchange followed markets across Europe and Asia downwards on Tuesday morning after a day of significant gains on Monday and indicating that the recent turbulence remains.
READ »
Reinfeldt warns of opposition tax hikes
Politics: 4 May 10
Sweden's Prime Minister Fredrik Reinfeldt claims that the shadow budget presented by the left-green coalition on Monday hikes taxes for three million people and is devastating for Swedish business.
READ »
Ingves gives support to rate hold
Business & Money: 3 May 10
The governor of Sweden's central bank, the Riksbank, Stefan Ingves, has endorsed the decision to leave the bank's repo rate unchanged last month after missing last month's monetary policy meeting.
READ »
Riksbank votes no to base rate hike
Business & Money: 20 Apr 10
The Swedish Riksbank has decided to leave base interest rates unchanged at 0.25 percent, it was announced on Tuesday.
READ »
House price bubble 'a myth'
National: 18 Mar 10
House price inflation is not a problem for monetary policy, the deputy-governor of Sweden's Riksbank Lars E O Svensson said on Thursday, calling the notion of a house price bubble "a myth".
READ »
Riksbank off base with finance crunch rate hikes
Business & Money: 15 Mar 10
The Swedish Riksbank has concluded that while everyone failed to see the impending finance crunch, it's own board was furthest behind when it raised interest rates just weeks before the Lehman Brothers bankruptcy.
READ »
Inflation rate doubles in February
Business & Money: 11 Mar 10
The inflation rate doubled in February to 1.2 percent on January's figure as household mortgage interest payments no longer had a dampening effect, a new report from Statistics Sweden shows.
READ »
Riksbank chief calls for new financial framework
Business & Money: 4 Mar 10
Stefan Ingves, the head of the Swedish Riksbank, has called on parliament to look over the existing financial regulatory framework - and do so expediently. He indicated also that base rate rises will come in the autumn.
READ »
State warns of housing boom and bust
National: 23 Feb 10
The National Housing Credit Guarantee Board has warned that Sweden stands on the precipice of a house price crash. When the bust arrives prices can be expected to fall by 20 percent, according to a new report.
READ »
Riksbank mulls summer interest rate hike
National: 11 Feb 10
The Swedish Riksbank on Thursday announced its decision to leave the benchmark interest rate unchanged at 0.25 percent. The bank forecast that rates will be raised in the "summer or early autumn."
READ »
Skavsta reopens for air traffic
National: 3 Feb 10
All traffic in and out of Skavsta airport has come to a halt as heavy snow covers takeoff and landing strips and strong winds make flying treacherous. The harsh weather has also led to a number of school closures.
READ »
Sweden bullish about prospects for growth
Business & Money: 27 Jan 10
The Swedish government released a more optimistic forecast for the economy on Wednesday, announcing it expects the country’s GDP to climb by 3.0 percent in 2010.
READ »
Riksbank leaves interest rates unchanged
Business & Money: 16 Dec 09
The Riksbank decided on Tuesday to leave the leave Sweden’s benchmark interest rate unchanged at 0.25 percent, but indicated that rate hikes were likely later in 2010.
READ »
Five percent of Swedes on sickness benefits
Business & Money: 18 Nov 09
Nearly one in ten Swedes in their forties is currently receiving some type of benefit due to illness or disability, according to a new report. In all, some 530,000 people are receiving sickness benefits.
READ »
Riksbank keeps interest rate at 0.25 percent
Business & Money: 22 Oct 09
Sweden's central bank, the Riksbank, has announced that its benchmark interest rate is to remain unchanged at 0.25 percent. The bank also reiterated that it expects the rate to remain at the same level until autumn 2010.
READ »
Borg warns of pump priming debt mountain
Business & Money: 1 Oct 09
Sweden's finance minister Anders Borg warned EU leaders on Thursday that states cannot keep throwing good money after bad and called for a discussion to supervise the easing of expansionary fiscal policy.
READ »
Swedish prices deflate due to cheap vacations
National: 10 Sep 09
Cheaper holiday packages sent Sweden’s consumer prices sliding further in August, according to new statistics released on Thursday.
READ »
Swedish banks: Interest rates set to rise
Business & Money: 1 Sep 09
Two of Sweden's biggest banks, SEB and Nordea, have predicted that the Riksbank will raise its benchmark interest rate to 2 percent by the end of next year from its current level of 0.25 percent.
READ »
Sweden mulls EU summit to discuss crisis
Politics: 26 Aug 09
The Swedish EU presidency is considering calling an extraordinary EU summit in September to find common ground ahead of a G20 meeting about the global economic crisis in Pittsburgh.
READ »
Sweden coming out of recession: Riksbank
Business & Money: 18 Aug 09
"The deep recession has hit bottom", Sweden's deputy central bank governor Svante Öberg said in a speech made on Tuesday, although he also predicted that a full recovery would take several years.
READ »
Consumer prices keep dropping in Sweden
Business & Money: 11 Aug 09
Sweden's inflation rate continued to fall in July as consumer prices dropped for the fourth straight month, according to new figures from Statistics Sweden.
READ »
Swedish prices continue to drop
Business & Money: 9 Jul 09
Consumer prices in Sweden dropped by 0.6 percent in June on a 12-month basis, according to new figures from Statistics Sweden.
READ »
Sweden's food prices buck downward trend
Business & Money: 11 Jun 09
Consumer prices have dropped in Sweden over the last twelve months, according to new figures from Statistics Sweden.
READ »
Estonia signs loan deal with Swedbank
Business & Money: 21 May 09
Recession hit Estonia has signed a multi-million euro loan deal with Swedish bank Swedbank, the Tallinn government confirmed on Wednesday.
READ »
Economic recovery could bring quick rate hikes: Riksbank
Business & Money: 6 May 09
Sweden’s central bank could raise interest rates quickly to combat inflation associated with an economic recovery in Sweden, Riksbank chief Stefan Ingves warned on Wednesday.
READ »
Sweden's Riksbank cuts base interest rate
Business & Money: 21 Apr 09
The Swedish central bank has cut its main base (repo) interest rate by 0.5 points to 0.5 percent.
READ »
Swedish inflation slows to near zero
Business & Money: 14 Apr 09
Swedish inflation slowed to 0.2 percent in March from 0.9 percent in February, Statistics Sweden (SCB) said on Tuesday.
READ »
Borg forecasts mass unemployment
Business & Money: 1 Apr 09
Sweden's finance minister Anders Borg has predicted that the country's unemployment rate will hit 12 percent in 2011 as GDP plummets 4.2 percent in 2009.
READ »
'Economic crisis as bad as the 1990s': report
Business & Money: 31 Mar 09
The Swedish economy will deteriorate sharply this year. GDP will drop by 3.9 percent and 250,000 jobs will disappear by the end of 2010, according to a new report published on Tuesday.
READ »
Swedish aid to help Zimbabwe fight cholera
Politics: 19 Mar 09
Sweden has agreed to provide 84 million kronor ($10.5 million) in humanitarian aid to Zimbabwe in part to help the country battle its ongoing cholera epidemic.
READ »
Untangling the role of Swedish banks in Latvia's financial woes
Analysis & Opinion: 3 Mar 09
As economies in the Baltic states falter, The Local’s Juris Kaza looks at why so many observers have placed much of the blame for Latvia’s financial woes on Swedish banks.
READ »
Riksbank offers support to Estonian central bank
Business & Money: 27 Feb 09
Sweden’s central bank announced on Friday it was entering into a “precautionary arrangement” with its Estonian counterpart should the Baltic country’s battered financial system need assistance.
READ »
Krona's slide sparks exchange rate debate
Business & Money: 17 Feb 09
The Swedish krona has continued its slide against major world currencies as a Riksbank official raised the prospect on Tuesday of zero interest rates and "exchange rate targets" to stimulate the economy.
READ »
Reinfeldt urges banks to cut mortgage rates
Politics: 11 Feb 09
Sweden’s central bank cut its benchmark interest rate in half to 1 percent on Wednesday, prompting Prime Minister Fredrik Reinfeldt to tell banks to follow suit.
READ »
'Sweden ready for euro entry': report
Politics: 27 Jan 09
A new report indicates that economic arguments against euro entry are no longer valid and concludes that in the wake of the finance crisis, it is now time for Sweden to join.
READ »
Inflation takes record tumble
Business & Money: 13 Jan 09
Inflation fell back to 0.9 percent in December from 2.5 percent in November, new figures from Statistics Sweden show. Consumer prices fell on average 1.3 percent, mainly due to a sharp decrease in mortgage costs.
READ »
Financial crisis to 'peter out' in 2009: Riksbank
Business & Money: 9 Jan 09
Sweden's economy is set to rediscover its growth trend in 2010 as the ongoing financial crisis tails off in 2009, according to a new prognosis from the country's central bank.
READ »
Swedish households remain pessimistic
Business & Money: 22 Dec 08
With the state of the Swedish economy considerably weaker than normal, households remain pessimistic over their private finances and the nation's economy, a new report shows.
READ »
Nordic countries demand Mugabe's resignation
National: 19 Dec 08
Sweden has joined with the other Nordic countries in calling for Zimbabwean President Robert Mugabe to step down.
READ »
Riksbank urges Sweden to ditch 50 öre coin
Business & Money: 18 Dec 08
The Riksbank wants Sweden to ditch the 50 öre coin, currently the smallest denomination of the country’s currency.
READ »
Sweden gives support to Latvian economic plan
Business & Money: 11 Dec 08
Speaking on behalf of a group of Nordic and Baltic countries, Sweden said on Wednesday that Latvia’s economic structuring programme was credible and ambitious.
READ »
Swedish inflation drops sharply in November
Business & Money: 9 Dec 08
Swedish inflation slowed in November to 2.5 percent from 4.0 percent in October, the sharpest decline in almost 15 years, Statistics Sweden (SCB) said on Tuesday.
READ »
Swedish shoppers undeterred by world crisis
National: 7 Dec 08
Swedes are still expected to spend more than last year during the Christmas period despite the global financial crisis, though the increase will be less than usual, a trade group said on Saturday.
READ »
Riksbank slashes interest rates
Business & Money: 4 Dec 08
The Riksbank cut Sweden’s benchmark interest rate nearly in half on Thursday, shaving 1.75 percent off the repo rate, leaving it at 2.0 percent.
READ »
Confidence in economy hits record low
Business & Money: 26 Nov 08
A major index measuring sentiment about the Swedish economy continued to fall in November, reaching its lowest level since measurements began in 1996.
READ »
Borg warns of looming recession in Sweden
Business & Money: 17 Nov 08
Sweden's finance minister Anders Borg warned on Monday that the country may be headed toward a recession, while also saying the government is considering other ways to get banks to join its state-sponsored lending programme.
READ »
Sweden to issue more debt as Riksbank stresses crisis's depth
Business & Money: 13 Nov 08
The Swedish government on Thursday asked the National Debt Office to sell as much as 200 billion kronor ($25 billion) in T-bills next year, as the head of the central bank emphasized the severity of the current financial crisis.
READ »
Brand Sweden enters global top ten
Society: 10 Nov 08
A typically inhumane November mixture of wind, sleet, snow and SAD is not enough to dampen Sweden's mood, as the country uses its cunning and stealth to creep into the top ten of a prestigious nation branding index.
READ »
Riksbank lowers repo rate by 0.5 percent
Business & Money: 23 Oct 08
As predicted, Sweden’s Riksbank cut the country’s benchmark interest rate, the repo rate, by half a point to 3.75 percent.
READ »
Krona at weakest level in six years
Business & Money: 22 Oct 08
The value of the Swedish krona dropped further in overnight trading ahead of Wednesday’s opening of markets in Europe, trading at 10.15 kronor per euro and 7.95 kronor per US dollar.
READ »
Riksbank to cut rates next week: poll
Business & Money: 17 Oct 08
Analysts in Sweden are predicting that the country's central bank will cut rates next week in a bid to alleviate market concerns and ward off an economic slowdown.
READ »
Sweden's krona sheds value amid economic uncertainty
Business & Money: 17 Oct 08
The Swedish krona continues to weaken relative to other major currencies, now trading at more than 10 kronor per euro for the first time since the common European currency was launched in 1999.
READ »
Riksbank lowers repo rate by half point
Business & Money: 8 Oct 08
The Riksbank decided on Wednesday to cut Sweden’s benchmark interest rate, the repo rate, by 0.50 percentage points to 4.25 percent as a part of a coordinated effort by several central banks.
READ »
H&M growth falls below expectations
Business & Money: 30 Sep 08
Despite reporting higher third quarter profits, Swedish clothing chain H&M shares dropped due to slower-than-expected growth.
READ »
New budget sees lower growth for Sweden
Business & Money: 22 Sep 08
Sweden has cut near term growth forecasts in its latest budget proposal, while at the same time projecting higher unemployment and lower inflation.
READ »
20 things to know before moving to Sweden
As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
How far can English take you in Sweden?
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
"The ice dripped in the winter sun. It was the first day when the light had been intense enough to cause dripping in the sunlight. To hear it was an extraordinary wakeup call. The cycle was happening again as it always does, always will (or so we think). I imagined that on my summer island, the bees..." READ »
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fin
adjective
Fin means anyhting from sweet to proper. When someone says, Du är så fin it's quite a compliment.
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