Nordic & Swiss Data Response

Swiss KOF (Sep.) & Danish GDP (Q2, 2nd est.)

Despite rebounding in September, the KOF Economic Barometer still suggests that Swiss GDP growth is set to slow over the coming months. And with inflation very weak, we expect the SNB to keep interest...

28th September 2018 · 1 min read

Nordic & Swiss Data Response

Sweden Economic Tendency Survey (Sep.)

September’s further rise in the Economic Tendency Indicator suggests that neither uncertainty about the domestic political environment nor worries about rising trade protectionism have damaged the...

27th September 2018 · 1 min read

Nordic & Swiss Data Response

Swedish Consumer Prices (Aug.)

Although CPIF inflation was above target in August, the further decline in non-energy inflation will worry the Riksbank. If it remains soft, then the Bank will probably keep rates on hold until early...

14th September 2018 · 1 min read

Nordic & Swiss Data Response

Norwegian Consumer Prices (Aug.)

Following August’s increase in core inflation to a 19-month high, the Norges Bank is almost certain to raise interest rates at next week’s meeting. But policymakers remain cautious about the impact of...

10th September 2018 · 1 min read

Nordic & Swiss Data Response

Swiss GDP (Q2)

This morning’s GDP data and the timelier surveys show that the Swiss economy is growing at a fairly strong pace. But inflationary pressures remain subdued. As a result, we still think that the SNB...

6th September 2018 · 1 min read

Nordic & Swiss Data Response

Swiss CPI (Aug.)

In August, Swiss inflation was unchanged at its joint-highest level in over eight years. But underlying price pressures are subdued, and we think that falling oil prices and exchange rate effects will...

4th September 2018 · 1 min read

Nordic & Swiss Data Response

Finland & Denmark GDP (Q2)

Denmark had a weak first half of the year, but timelier evidence points to slightly faster growth in Q3. Meanwhile, Finland’s economy continues to perform well.

31st August 2018 · 1 min read

Nordic & Swiss Data Response

Swiss KOF & Swedish Econ. Tendency Indicator (Aug.)

August’s surveys suggest that while economic growth is slowing in Switzerland, it remains very strong in Sweden. This is primarily due to differing conditions in the manufacturing sector, which might...

30th August 2018 · 1 min read

Nordic & Swiss Data Response

Norway GDP & Switzerland IP (Q2)

The slowdown in Norway’s housing market is weighing on the economy. But other sectors are performing much better, so this won’t be enough to stop the Norges Bank from raising interest rates next month...

23rd August 2018 · 1 min read

Nordic & Swiss Data Response

Sweden, Norway, Denmark CPI (Jul.)

Underlying inflation is still fairly weak in the Nordic economies. But given increased capacity utilisation and rising wage pressures in both Sweden and Norway, we expect both the Riksbank and the...

10th August 2018 · 1 min read

Nordic & Swiss Data Response

Swiss CPI (Jul.)

July’s rise in Swiss inflation was driven by faster energy and food inflation, while underlying price pressures remained very weak. And with the franc set to remain strong by historical standards, we...

3rd August 2018 · 1 min read

Nordic & Swiss Data Response

Swedish GDP (Q2) & Swiss KOF (Jul.)

The Swedish economy grew very strongly in the first half of the year and is likely to continue performing well. This is set to drive wage growth gradually higher, prompting the Riksbank to raise...

30th July 2018 · 1 min read

Nordic & Swiss Data Response

Sweden Econ. Tend. Survey (Jul.) & Unemploy’t (Jun.)

The Swedish economy continues to perform well. And with inflationary pressures gradually rising, we expect the Riksbank to raise interest rates this year.

26th July 2018 · 1 min read

Nordic & Swiss Data Response

Swedish Consumer Prices (Jun.) & Riksbank Minutes

June’s rise in Swedish CPIF inflation entirely reflected higher energy inflation. But with domestic price pressures building, and the latest minutes showing that Riksbank officials are increasingly...

12th July 2018 · 1 min read

Nordic & Swiss Data Response

Norwegian Consumer Prices (Jun.)

June’s decline in core inflation won’t stop the Norges Bank from raising interest rates in September. But with price pressures building only slowly, the subsequent tightening cycle will be very slow.

10th July 2018 · 1 min read