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6 May 2016
Is the Tide Turning in Sweden? – TDS
Research Team at TDS, suggests that the Sweden has experienced the strongest economic growth in the G10 in recent quarters but the 2016 sentiment data in Sweden has been trending down.
Key Quotes
“Much of this momentum is isolated within the sentiment indicators themselves. Activity data is holding up relatively well in the production sector, inflation is firming, but household spending looks to be softening.
Even a slight softening in activity data, if accompanied by continued momentum in inflation, should keep the Riksbank comfortably on the sidelines for the rest of this year.”
Key Quotes
“Much of this momentum is isolated within the sentiment indicators themselves. Activity data is holding up relatively well in the production sector, inflation is firming, but household spending looks to be softening.
Even a slight softening in activity data, if accompanied by continued momentum in inflation, should keep the Riksbank comfortably on the sidelines for the rest of this year.”