Presentation is loading. Please wait.

Presentation is loading. Please wait.

1. Inflation and growth Annual percentage change Source: Statistics Sweden.

Similar presentations


Presentation on theme: "1. Inflation and growth Annual percentage change Source: Statistics Sweden."— Presentation transcript:

1 1. Inflation and growth Annual percentage change Source: Statistics Sweden

2 2. Inflation: outcome and target Annual percentage change Sources: Statistics Sweden and the RiksbankNote Inflation measured as CPI.

3 3. Inflation in Sweden, Norway and Finland Annual percentage change Note. Inflation measured as HICP. Source: Statistics FInland, Statistics Norway and Statistics Sweden

4 4. Consumer prices for goods Excluding energy and food Annual percentage change Source: EurostatNote. The data used is HICP - non-energy industrial goods.

5 5. Unit labour costs and labour productivity in business sector Annual percentage change Sources: Statistics Sweden and the Riksbank Note The broken line and grey bar represent the Riksbank’s forecast (IR06:3).

6 6. Forecasts of inflation in 2005 at various times: the Riksbank and an average of other forecasters Annual average Sources: Consensus Inc., Ministry of Finance, LO and Statistics Sweden

7 7. Inflation and inflation expectations Annual percentage change Sources: Prospera Research AB and Statistics Sweden

8 8. Consumer prices (CPI) and house prices Annual percentage change Source: Statistics Sweden

9 9. The repo rate is assumed to rise Per cent Source: The Riksbank

10 10. Good international growth Annual percentage change Sources: IMF and the Riksbank

11 11. Good growth in Sweden too Annual percentage change Sources: Statistics Sweden and the Riksbank

12 12. Inflation increases gradually Annual percentage change Sources: Statistics Sweden and the Riksbank

13 13. High productivity Annual percentage change Sources: Statistics Sweden and the Riksbank

14 14. Fiscal policy Stimulates demand and supply Higher growth and private consumption Increased employment and greater supply of labour Overall minor effects on inflation

15 15. Repo rate is raised to 2.75 per cent Favourable prospects for the economy: good growth and rising employment. Monetary policy is expansionary. Falling energy prices give an inflation rate below target two years ahead, but after this inflation will rise.


Download ppt "1. Inflation and growth Annual percentage change Source: Statistics Sweden."

Similar presentations


Ads by Google