A raft of economic data for Sweden, including August’s GDP indicator, published this week added to the evidence that its economy is slowing and heading for recession this winter. Meanwhile, Denmark’s central bank intervened to weaken the krone in September in what we think is a step towards the rate differential between the Nationalbank and the ECB widening from 10bp currently to 25bp. Next week, Nordic inflation data for September look set to confirm the strength of underlying price pressures in both Norway and Sweden.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services