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Monetary Policy Update December 2010
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Strong economic performance in Sweden
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Growth at record rates Source: Statistics Sweden
GDP, annual percentage change, calendar-adjusted quarterly data
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Broad-based upturn in the Swedish economy
Level, index 2007 = 100, seasonally-adjusted quarterly data Source: Statistics Sweden
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Households are continuing to borrow
Borrowing from monetary and financial institutions, annual percentage change Source: Statistics Sweden
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The fiscal situation creates uncertainty
Spreads for 10-year government bonds compared with Germany, percentage points Source: Reuters, EcoWin
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Uneven growth in the world economy
GDP, annual percentage change. IMF October forecast for Brazil, Russia, India and China (BRIC) Sources: The IMF and the Riksbank
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Indicators suggest high growth in Sweden
Confidence indicators, net figures Source: National Institute of Economic Research
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Continuing strength in the Swedish economy
GDP, quarterly changes in per cent calculated as an annual rate, seasonally-adjusted data Sources: Statistics Sweden and the Riksbank
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Strong development on the labour market
Unemployment age group (before 2001, age group), percentage of labour force, seasonally-adjusted data Sources: Statistics Sweden and the Riksbank
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Inflation around the target
Annual percentage change Sources: Statistics Sweden and the Riksbank
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The repo rate path – a forecast, not a promise
Per cent, quarterly averages Source: The Riksbank
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Strong economic performance in Sweden
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