1 / 13

Monetary Policy Report July 2012

July 2012 report on the Swedish economy amidst European unease. Insights on GDP growth, labor market, inflation, and repo rate trends. Analysis of Europe's impact on Swedish economic sentiment.

emera
Download Presentation

Monetary Policy Report July 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Monetary Policy ReportJuly 2012

  2. Unease in Europe casts a shadow over the Swedish economy

  3. Unease on financial markets Source: Reuters EcoWin Government bonds with 10 years left to maturity, per cent

  4. Large differences in growth in Europe Sources: Federal Statistical Office, Germany, Statistics Norway, Istat, National Institute of Statistics, Italy and INE – National Statistics Institute, Spain GDP growth, annual percentage change, seasonally-adjusted data

  5. Limited contagion effects on rest of world GDP, annual percentage change Sources: Bureau of Economic Analysis, Eurostat, IMF and the Riksbank

  6. Continued growth in Sweden despite Europe’s problems GDP, quarterly changes in per cent calculated in annualised terms, seasonally-adjusted data Sources: Statistics Sweden and the Riksbank

  7. Confidence among households and companies has dampened slightly Index, mean = 100, standard deviation = 10 Source: National Institute of Economic Research

  8. Labour market better than expected Sources: Statistics Sweden and the Riksbank Unemployment, percentage of the labour force, seasonally-adjusted data

  9. Increasedcostpressures Sources: National Mediation Office and the Riksbank Wages according to the short-term wage statistics, definitive and forecast of definitive outcome, annual percentage change

  10. Low but rising inflation Sources: Statistics Sweden and the Riksbank Note. Annual percentage change. CPIF is CPI with a fixed mortgage rate.

  11. Repo rate remains low Repo rate, per cent, quarterly averages Source: The Riksbank

  12. A forecast, not a promise Confidence among households and companies returns faster than expected Problems in the euro area worsen Source: The Riksbank Repo rate, per cent, quarterly averages

  13. Unease in Europe casts a shadow over the Swedish economy

More Related