Riksbank signals inflation warning
TT/The Local · 14 Aug 2007, 16:10
Published: 14 Aug 2007 16:10 GMT+02:00
"If the labour shortage worsens companies may be forced to pay higher wages than was recommended in the financial policy report," said Barbro-Wickman Parak, vice chairman of the Riksbank.
She also noted that the national accounts for the second quarter signalled a drop-off in productivity.
As for the recent financial unrest and liquidity problems on the international financial markets, however, Wickman-Parak was optimistic.
"There are currently no liquidity problems on the Swedish financial market. The market is working well," she said.