Nordic & Swiss Data Response Swedish Consumer Prices (Jan. 16) Although Sweden’s headline inflation rate rose by more than expected in January, the upward trend is far from assured. As such, we still see a strong possibility of additional policy easing by the... 18th February 2016 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q4 15) In 2015, growth in Norway’s mainland economy slowed to its weakest pace in six years. And low oil prices seem likely to continue to weigh on the economy. We suspect that this will prompt the Norges... 16th February 2016 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Dec. 15) The very low rate of inflation in Sweden in December underlines the absence of price pressures and will encourage the Riksbank to follow through on last week’s announcement that it was prepared to... 14th January 2016 · 1 min read
Nordic & Swiss Data Response Swedish, Danish & Norwegian Consumer Prices (Nov. 15) November’s consumer prices data showed a continued divergence between the subdued rates of inflation in Sweden and Denmark and stronger price pressures in Norway, reflecting the recent depreciation of... 10th December 2015 · 1 min read
Nordic & Swiss Data Response Iceland GDP (Q3 15) The solid growth in Iceland’s GDP in Q3 confirmed that the economy is performing strongly and has put the 2008 collapse of the banking sector behind it. With domestic demand very healthy, the central... 8th December 2015 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q3 15) The Swiss GDP release revealed that growth stalled in Q3 and November’s manufacturing PMI points to worse to come. This raises the likelihood that the Swiss National Bank (SNB) will increase its... 1st December 2015 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q3 15) Norway’s oil and gas sector was not as strong in Q3 as the headline GDP data suggest. And growth in the mainland economy slowed. We suspect that this will prompt the Norges Bank to loosen monetary... 17th November 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Oct. 15) The very low rate of inflation in Sweden in October suggests that the Riksbank will need to put any lingering concerns about household debt to one side and increase its monetary policy support in... 12th November 2015 · 1 min read
Nordic & Swiss Data Response Swiss Consumer Prices (Oct. 15) Swiss CPI inflation held at a record low in October, increasing the likelihood that the SNB will intervene in foreign exchange markets before long to prevent a renewed appreciation of the franc from... 5th November 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Sep.15) The small rise in Sweden’s headline inflation rate in September to just above zero maybe just about enough to prevent the Riksbank from loosening policy further at the end of this month. But we still... 13th October 2015 · 1 min read
Nordic & Swiss Data Response Swiss GDP (Q2 15) Q2’s GDP release revealed that Switzerland has so far avoided a recession despite the strength of the franc. But it seems very unlikely that positive contributions from net trade can be sustained and... 28th August 2015 · 1 min read
Nordic & Swiss Data Response Norwegian GDP (Q2 15) Norway’s Q2 GDP data showed that lower energy prices continued to weigh on the oil and gas sector. But the mainland economy also slowed. We suspect that this will prompt the Norges Bank to loosen... 20th August 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Jul. 15) The rebound in Sweden’s headline inflation rate in July might suggest that the Riksbank won’t loosen monetary policy further at its next meeting. But the bigger picture is that inflation is still... 13th August 2015 · 1 min read
Nordic & Swiss Data Response Swedish GDP (Q2 15, Prov.) The provisional estimate of Swedish Q2 GDP revealed that the economic recovery regained some momentum after the disappointing start to the year. But we doubt that it will prevent the Riksbank from... 30th July 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Jun. 15) The fall in Sweden’s headline inflation rate below zero in June vindicated the Riksbank’s decision earlier this month to cut its policy rate further and extend its bond-buying programme. But we think... 14th July 2015 · 1 min read