1. Inflation differential
Table 1. Nominal and real depreciation, and inflation differential against the euro area Percent, annual averages
Period
Nominal depreciation
Inflation differential
(Sweden – euro area)
Real depreciation
1970 – 1982
2,60
0,75
1,84
1983 – 1992
1,50
2,52
-1,02
1993 – 2001
1,88
-0,56
2,45
Whole period
2,05
0,94
1,11
Remark: Prior to 1999 the SEK/EUR rate is a geometric mean of the nominal exchange rates between the krona and each euro-country currency. The weights are relative TCW weights. Source: Sveriges Riksbank.

2. Source: Sveriges Riksbank
Diagram 1. Real exchange rate and relative GDP against the euro area Index 1992:Q4=100
Source: Sveriges Riksbank

3. Diagram 2. Terms of trade Percentage change since 1970
Source: Sveriges Riksbank