1. Monetary Policy Update December 2009

2. Recovery continuing and low inflationary pressure

3. Recovery continuing GDP in Sweden, the euro area and the USA
Quarterly change in per cent calculated at an annual
rate, seasonally-adjusted data
Sources: Bureau of Economic Analysis, Eurostat, Statistics Sweden and the Riksbank

4. Synchronised recovery Index year 2000=100, seasonally-adjusted data
Sources: Netherlands Bureau for Economic Policy Analysis and Statistics Sweden

5. …from a low level GDP in Sweden, the euro area and the USA
Sources: Bureau of Economic Analysis, Eurostat, Statistics Sweden and the Riksbank

6. Per cent of labour force, seasonally-adjusted data
Unemployment rising % %
Per cent of labour force, seasonally-adjusted data
Sources: Statistics Sweden and the Riksbank

7. Sources: Statistics Sweden and the Riksbank
Low cost pressures
Note. Unit labour costs
Sources: Statistics Sweden and the Riksbank

8. TCW exchange rate, index 18 November 1992 = 100
Stronger krona
TCW exchange rate, index 18 November 1992 = 100
Source: The Riksbank

9. Low inflationary pressure% %
Annual percentage change
Sources: Statistics Sweden and the Riksbank

10. Sources: Reuters EcoWin and the Riksbanken
Financial markets functioning better and better TED spread, basis points
Note. The spread is calculated as the difference between the
3-month interbank rate and the 3-month treasury bill rate.
Sources: Reuters EcoWin and the Riksbanken

11. Increased activity in the financial markets
Note: Refers to turnover in the secondary market in SEK billion. Monthly average of daily turnover.
Source: The Riksbank

12. Low repo rate – a forecast, not a promise% %
Per cent, quarterly average
Source: The Riksbank

13. Recovery continuing and low inflationary pressure