Sweden: CPI to edge up above the 2.0% target - TDS

Analysts at TDS are looking for Sweden’s CPIF to edge up above the 2.0% target in March to 2.1% y/y (mkt 2.1%), which is a tenth above the Riksbank's Feb MPR forecast.

Key Quotes

“There's a large amount of uncertainty around electricity and package holiday prices this month, so room for more volatility than usual. Most upside risk comes from energy prices though, so we still look for a dovish step from the Riksbank on the 26th on weaker CPIF ex-energy trends.”