Mpr february 100210
Download
1 / 101

MPR February 100210 - PowerPoint PPT Presentation


  • 78 Views
  • Uploaded on

MPR February 100210. Figure 1.1. Repo rate Per cent, quarterly averages.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'MPR February 100210' - shina


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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

Figure 1 1 repo rate per cent quarterly averages
Figure 1.1. Repo ratePer cent, quarterly averages

Note. The uncertainty band does not take into account the fact that there may be a lower bound for the repo rate. The uncertainty band shows the band within which the repo rate is expected to be with a 50%, 75% and 90% probability. Broken lines represent the Riksbank’s forecast.

Source: The Riksbank


Figure 1 2 gdp with uncertainty bands annual percentage change seasonally adjusted data
Figure 1.2. GDP with uncertainty bandsAnnual percentage change, seasonally-adjusted data

Note.The uncertainty band shows the band within which GDP growth is expected to be with a 50%, 75% and 90% probability. Broken lines represent the Riksbank’s forecast.

Sources: Statistics Sweden and the Riksbank


Figure 1 3 cpi with uncertainty bands annual percentage change
Figure 1.3. CPI with uncertainty bandsAnnual percentage change

Note. The uncertainty band shows the band within which inflation is expected to be with a 50%, 75% and 90% probability. Broken lines represent the Riksbank’s forecast.

Sources: Statistics Sweden and the Riksbank


Figure 1 4 cpif with uncertainty bands annual percentage change
Figure 1.4. CPIF with uncertainty bandsAnnual percentage change

Note. The uncertainty band shows the band within which inflation is expected to be with a 50%, 75% and 90% probability. Broken lines represent the Riksbank’s forecast.

Sources: Statistics Sweden and the Riksbank


Figure 1 5 difference between interbank rates and government bond rates ted spread basis points
Figure 1.5. Difference between interbank rates and government bond rates (TED spread)Basis points

Note. The spread is calculated as difference between the three-month interbank rate and the three-month treasury bill.

Sources: Reuters EcoWin and the Riksbank


Figure 1 6 gdp growth abroad annual percentage change
Figure 1.6. GDP-growth abroad government bond rates (TED spread)Annual percentage change

Sources: IMF and the Riksbank

Note. Striped bars represent the Riksbank’s forecast.


Figure 1 7 world trade monitor index index 2000 100 seasonally adjusted data
Figure 1.7. World Trade Monitor Index government bond rates (TED spread)Index, 2000 = 100, seasonally adjusted data

Source: Netherlands Bureau for Economic Policy Analysis


Figure 1 8 oil price brent crude usd per barrel
Figure 1.8. Oil price, Brent crude government bond rates (TED spread)USD per barrel

Note. Futures are calculated as a 15-day average. Outcomes represent monthly averages of spot prices.

Sources: Intercontinental Exchange and the Riksbank


Figure 1 9 commodity prices index 2000 100 usd
Figure 1.9. Commodity prices government bond rates (TED spread)Index 2000 = 100, USD

Source: The Economist


Mpr february 100210

Figure 1.10. Development for GDP in different regions and countriesQuarterly changes in per cent calculated in annualised terms, seasonally-adjusted data

Sources: Bureau of Economic Analysis, Eurostat, Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank’s forecast.


Figure 1 11 public sector net lending percentage of gdp
Figure 1.11. Public sector net lending countriesPercentage of GDP

Note. Striped bars represent forecasts. The forecast for Sweden is the Riksbank's forecast, while for other countries it is the OECD's forecast, December 2009.

Sources: OECD and the Riksbank


Mpr february 100210
Figure 1.12. Comparison of recovery in Sweden, the euro area and USAGDP-level, index 2007 quarter 4 = 100

Note. The quarter prior to the recession breaking out in the USA = 100. Broken lines represent the Riksbank's forecast.

Sources: Bureau of Economic Analysis, Eurostat, Statistics Sweden and the Riksbank.


Figure 1 13 tcw weighted exchange rate index 18 11 92 100
Figure 1.13. TCW-weighted exchange rate and USAIndex, 18.11.92 = 100

Source: The Riksbank

Note. Outcome data are daily rates and forecasts are quarterly averages. Broken lines represent the Riksbank’s forecast.


Mpr february 100210
Figure 1.14. GDP and USAQuarterly changes in per cent calculated in annualised terms, seasonally-adjusted data

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank’s forecast.


Mpr february 100210

Figure 1.15. Comparison of recovery following various recessions, GDP SwedenIndex in the quarter preceding the beginning of the recession = 100

Note. Legends denote the quarter in which the index = 100. Broken lines represent the Riksbanks forecast. X-axis relates to quarters.

Sources: Statistics Sweden and the Riksbank


Mpr february 100210

Figure 1.16. Households’ consumption, disposable incomes recessions, GDP Swedenand saving ratio Annual percentage change, fixed prices and percentage of disposable income

Sources: Statistics Sweden and the Riksbank

Note. Broken lines and striped bars represent the Riksbank’s forecast.


Figure 1 17 households fixed terms for mortgages percentage of loan stock
Figure 1.17. Households' fixed terms for mortgages recessions, GDP SwedenPercentage of loan stock

Note. Refers to original fixed term. Variable interest rate relates to loans with a fixed term of up to three months.

Sources: Statistics Sweden and the Riksbank


Figure 1 18 swedish exports and world market for swedish exports annual percentage change
Figure 1.18. Swedish exports and world market for Swedish exportsAnnual percentage change

Sources: Statistics Sweden and the Riksbank

Note. Dots represent the Riksbank's forecast for the whole year.


Mpr february 100210
Figure 1.19. Gross fixed capital formation exportsQuarterly changes in per cent calculated in annualised terms, seasonally-adjusted data

Sources: Statistics Sweden and the Riksbank

Note. Seasonally adjusted by the Riksbank. Broken lines represent the Riksbank’s forecast.


Figure 1 20 gdp and employment annual percentage change seasonally adjusted data
Figure 1.20. GDP and employment exportsAnnual percentage change, seasonally adjusted data

Note. Broken lines represent the Riksbank's forecast. Pre-2001

employment data has been spliced by the Riksbank.

Sources: Statistics Sweden and the Riksbank


Figure 1 21 labour force and number of employed thousands seasonally adjusted data
Figure 1.21. Labour force and number of employed exportsThousands, seasonally-adjusted data

Note. Pre-1993 data has been spliced by the Riksbank. Broken lines represent the Riksbank’s forecast, 15-74 year.

Sources: Statistics Sweden and the Riksbank


Mpr february 100210
Figure 1.22. Employment rate exportsEmployment as a percentage of the population, 16-64 year, seasonally-adjusted data

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank’s forecast.


Figure 1 23 unemployment percentage of the labour force seasonally adjusted data
Figure 1.23. Unemployment exportsPercentage of the labour force, seasonally-adjusted data

Note. Pre-1993 data has been spliced by the Riksbank. Broken lines represent the Riksbank’s forecast, 15-74 years.

Sources: Statistics Sweden and the Riksbank


Mpr february 100210
Figure 1.24. Actual and trend productivity growth in the economy as a wholeAnnual percentage change, seasonally-adjusted data

Note. Trend calculated using a Hodrick- Prescott filter. Broken lines represent the Riksbank’s forecast.

Sources: Statistics Sweden and the Riksbank


Mpr february 100210
Figure 1.25. Full utilisation of companies’ resources, private service industriesProportion of companies, per cent

Source: NIER


Mpr february 100210
Figure 1.26. GDP's deviation from HP trend and Resource utilisation indicatorPer cent and standard deviations

Sources: Statistics Sweden and the Riksbank


Figure 1 27 estimated gaps percentage deviation from the hp trend
Figure 1.27. Estimated gaps utilisation indicatorPercentage deviation from the HP trend

Note. These gaps should not necessarily be interpreted as the Riksbank's overall assesment of resource utilisation. Broken lines represent the Riksbank’s forecast.

Sources: Statistics Sweden and the Riksbank


Figure 1 28 nominal wages annual percentage change
Figure 1.28. Nominal wages utilisation indicatorAnnual percentage change

Note. Refers to wages according to short-term salaries statistics from 1993 and according to wage and salary structure statistics previous to 1993. Broken lines represent the Riksbank’s forecast.

Sources: National Mediation Office, Statistics Sweden and the Riksbank


Mpr february 100210
Figure 1.29. Unit labour costs for the economy utilisation indicatoras a wholeAnnual percentage change, fixed prices and per cent of disposable income

Sources: Statistics Sweden and the Riksbank

Note. Broken lines and striped bars represent the Riksbank’s forecast.


Figure 1 30 cpi annual percentage change
Figure 1.30. CPI utilisation indicatorAnnual percentage change

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 1 31 cpi cpif and cpif excluding energy annual percentage change
Figure 1.31. CPI, CPIF and CPIF excluding energy utilisation indicatorAnnual percentage change

Sources: Statistics Sweden and the Riksbank

Note. CPIF is CPI with fixed interest rate. Broken lines represent the Riksbank’s forecast.


Figure 1 32 repo rate per cent quarterly averages
Figure 1.32. Repo rate utilisation indicatorPer cent, quarterly averages

Source: The Riksbank

Note. Broken lines represent the Riksbank’s forecast.


Figure 1 33 real repo rate per cent quarterly averages
Figure 1.33. Real repo rate utilisation indicatorPer cent, quarterly averages

Note. The real repo rate is calculated as an average of the Riksbank’s repo rate forecasts for the coming year minus the inflation forecast (CPIF) for the corresponding period. Broken lines represent the Riksbank’s forecast.

Source: The Riksbank


Figure 2 1 hourly labour cost annual percentage change
Figure 2.1. Hourly labour cost utilisation indicatorAnnual percentage change

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 2 repo rate per cent quarterly averages
Figure 2.2. Repo rate utilisation indicatorPer cent, quarterly averages

Source: The Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 3 cpif annual percentage change
Figure 2.3. CPIF utilisation indicatorAnnual percentage change

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 4 labour market gap hours worked percentage deviation from the hp trend
Figure 2.4. Labour market gap (hours worked) utilisation indicatorPercentage deviation from the HP trend

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 5 hours worked and trend millions of hours per quarter seasonally adjusted data
Figure 2.5. Hours worked and trend utilisation indicatorMillions of hours per quarter, seasonally adjusted data

Sources: Statistics Sweden and the Riksbank

Note. The last two observations for hours worked refer to the Riksbank's forecast.


Mpr february 100210
Figure 2.6. Hours worked utilisation indicatorQuarterly changes in per cent calculated in annualised terms, seasonally adjusted data

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 7 repo rate per cent quarterly averages
Figure 2.7. Repo rate utilisation indicatorPer cent, quarterly averages

Source: The Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 8 cpif annual percentage change
Figure 2.8. CPIF utilisation indicatorAnnual percentage change

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 9 exchange rate tcw index 18 11 1992 100
Figure 2.9. Exchange rate, TCW utilisation indicatorIndex, 18.11.1992 = 100

Source: The Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 10 labour market gap hours worked percentage deviation from the hp trend
Figure 2.10. Labour market gap (hours worked) utilisation indicatorPercentage deviation from the HP trend

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 11 cpif annual percentage change
Figure 2.11. CPIF utilisation indicatorAnnual percentage change

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 12 repo rate per cent quarterly averages
Figure 2.12. Repo rate utilisation indicatorPer cent, quarterly averages

Source: The Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 13 repo rate assumptions per cent quarterly averages
Figure 2.13. Repo rate assumptions utilisation indicatorPer cent, quarterly averages

Source: The Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 14 labour market gap hours worked percentage deviation from the hp trend
Figure 2.14. Labour market gap (hours worked) utilisation indicatorPercentage deviation from the HP trend

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 2 15 cpif annual percentage change
Figure 2.15. CPIF utilisation indicatorAnnual percentage change

Sources: Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Figure 3 1 stock market movements index 4 1 1999 100
Figure 3.1. Stock market movements utilisation indicatorIndex, 4-1-1999 = 100

Source: Reuters EcoWin


Mpr february 100210
Figure 3.2. Government bonds in various euro countries (difference compared to Germany)Percentage points

Source: Reuters EcoWin

Note. Government bonds with approximately 10 years left to maturity.


Figure 3 3 policy rates per cent
Figure 3.3. Policy rates (difference compared to Germany)Per cent

Source: Reuters EcoWin


Figure 3 4 monetary policy expectations in sweden according to money market participants per cent
Figure 3.4. Monetary policy expectations in Sweden according to money market participants Per cent

Note. Forward rates have been adjusted for risk premiums and describe the expected overnight rate. Broken lines represent the Riksbank's forecast.

Sources: Reuters Ecowin, TNS SIFO Prospera and the Riksbank


Figure 3 5 international comparison between central banks balance sheet totals percent of gdp
Figure 3.5. International comparison between central banks´ balance sheet totalsPercent of GDP

Sources: Bureau of Economic Analysis, Eurostat, Office for National Statistics, Statistics Sweden and the respective central banks


Figure 3 6 housing prices annual percentage change
Figure 3.6. Housing prices balance sheet totalsAnnual percentage change

Source: Statistics Sweden

Note. Quarterly observations of property price index and monthly observations of the mean value of the purchase price coefficient (Purchase price/Taxation value).


Figure 3 7 money supply annual percentage change
Figure 3.7. Money Supply balance sheet totalsAnnual percentage change

Sources: Statistics Sweden and the Riksbank


Figure 3 8 exchange rates sek per euro and dollar
Figure 3.8. Exchange rates balance sheet totalsSEK per euro and dollar

Source: Reuters EcoWin


Figure 3 9 chinese export and import annual precentage change
Figure 3.9. Chinese export and import balance sheet totalsAnnual precentage change

Source: National Bureau of Statistics of China


Figure 3 10 purchasing mangarer s index index over 50 indicates growth
Figure 3.10. Purchasing mangarer's index balance sheet totalsIndex, over 50 indicates growth

Note. Refers to manufacturing industry in the United States and Sweden and weighted average of service sector and manufacturing industry in the euro area.

Sources: Institute for Supply Management, Markit Economics and Swedbank


Figure 3 11 export index january 2006 100 seasonally adjusted data
Figure 3.11. Export balance sheet totalsIndex, january 2006 = 100, seasonally adjusted data

Sources: Bureau of Economic Analysis and Eurostat


Figure 3 12 unemployment percentage of the labour force
Figure 3.12. Unemployment balance sheet totalsPercentage of the labour force

Sources: Bureau of Labor Statistics and Eurostat


Figure 3 13 households confidence indicators net values
Figure 3.13. Households confidence indicators balance sheet totalsNet values

Source: European Commission


Figure 3 14 hicp for the euro area annual percentage change
Figure 3.14. HICP for the Euro area balance sheet totalsAnnual percentage change

Source: Eurostat


Figure 3 15 the economic tendency indicator index mean 100
Figure 3.15. The Economic Tendency Indicator balance sheet totalsIndex, mean = 100

Source: National Institute of Economic Research


Mpr february 100210
Figure 3.16. Industrial production and balance sheet totalsthe production of servicesIndex, 2005 = 100, seasonally adjusted data

Source: Statistics Sweden


Figure 3 17 assessments of stocks of finished goods seasonally adjusted net values
Figure 3.17. Assessments of stocks of finished goods balance sheet totalsSeasonally adjusted net values

Source: National Institute of Economic Research

Note. Higher net figures entail greater dissatisfaction with too high stocks.


Figure 3 18 households expectations for the future net figures
Figure 3.18. Households' expectations for the future balance sheet totalsNet figures

Note. Unemployment is defined here as the percentage of households that believe unemployment will fall minus the percentage who believe that unemployment will rise.

Source: National Institute of Economic Research


Figure 3 19 bank lending to companies and households annual precentage change
Figure 3.19. Bank lending to companies and households balance sheet totalsAnnual precentage change

Sources: Statistics Sweden and the Riksbank


Figure 3 20 capital utilisation in industry per cent seasonally adjusted data
Figure 3.20. Capital utilisation in industry balance sheet totalsPer cent, seasonally adjusted data

Sources: National Institute of Economic Research and Statistics Sweden


Figure 3 21 foreign trade with goods in fixed prices index 2005 100 seasonally adjusted data
Figure 3.21. Foreign trade with goods in fixed prices balance sheet totalsIndex, 2005 = 100, seasonally adjusted data

Sources: Statistics Sweden and the Riksbank

Note. Three-month moving averages. Fixed prices calculated by the Riksbank.


Figure 3 22 new export orders net figures and annual percentage change
Figure 3.22. New export orders balance sheet totalsNet figures and annual percentage change

Sources: National Institute of Economic Research and Statistics Sweden


Mpr february 100210
Figure 3.23. Employment rate, labour force and unemployment balance sheet totalsThousands and percentage of labour force, aged 15-74, seasonally adjusted data

Sources: Employment service and the Riksbank

Note. Three-month moving averages.


Figure 3 24 new and unfilled vacant jobs and redundancy notices thousands seasonally adjusted data
Figure 3.24. New and unfilled vacant jobs and redundancy noticesThousands, seasonally adjusted data

Source: Employment service and the Riksbank


Mpr february 100210
Figure 3.25. Employees in the business sector, expectations and outcomeSeasonally adjusted net figures

Sources: National Institute of Economic Research


Figure 3 26 proportion of firms reporting a shortage of labour per cent seasonally adjusted data
Figure 3.26. Proportion of firms reporting a shortage of labourPer cent, seasonally adjusted data

Source: NIER


Figure 3 27 wages annual percentage change
Figure 3.27. Wages labourAnnual percentage change

Sources: National Mediation Office and the Riksbank


Figure 3 28 expectations of inflation one year ahead per cent
Figure 3.28. Expectations of inflation one year ahead labourPer cent

Sources: National Institute of Economic Research and TNS SIFO Prospera

Note. Household figures are monthly, others quarterly.


Figure 3 29 money market players expectations of inflation one two and five years ahead per cent
Figure 3.29. Money market players' expectations of inflation one, two and five years aheadPer cent

Source: TNS SIFO Prospera

Note. Monthly survey from September 2007. Quarterly surveys prior to this.


Mpr february 100210
Figure 3.30. The difference between nominal and real five-year rates (break-even inflation)Percentage points

Source: The Riksbank


Figure 3 31 different measures of underlying inflation annual percentage change
Figure 3.31. Different measures of underlying inflation five-year rates (break-even inflation)Annual percentage change

Note. TRIM85 and UND24 are calculated on the basis of CPI divided into around 70 subgroups. UND24 is weighted and adjusted for the historical standard deviation. In TRIM85 the 7.5 per cent most positive and negative yearly price changes each month have been excluded.

Sources: Statistics Sweden and the Riksbank


Figure 3 32 prices of goods and services in the cpi annual percentage change
Figure 3.32. Prices of goods and services in the CPI five-year rates (break-even inflation)Annual percentage change

Source: Statistics Sweden

Note. The weight of CPI of the respective components is given in brackets.


Mpr february 100210
Figure 3.33. Goods prices in CPI and prices of durable consumer goods for domestic supplyAnnual percentage change

Note. ITPI weighs together the import price index and the domestic market price index within the system for the producer price index.

Source: Statistics Sweden


Figure 3 34 hicp in sweden and in the euro area annual percentage change
Figure 3.34. HICP in Sweden and in the euro area consumer goods for domestic supplyAnnual percentage change

Sources: Eurostat and Statistics Sweden


Mpr february 100210

Figure B1. Market agents' expectations of the level of the nominal repo rate in 5 yearsSurvey responses between June 2005 and end of December 2009, per cent.

Sources: TNS Prospera AB and the Riksbank


Mpr february 100210

Figure B2. Distribution of market agents' expectations of the level of the nominal repo rate in 5 years.Survey responses since December 2009

Sources: TNS SIFO Prospera and the Riksbank


Figure b3 nominal and real 5 year forward rates per cent
Figure B3. Nominal and real 5 year forward rates the level of the nominal repo rate in 5 years.Per cent

Sources: TNS SIFO Prospera and the Riksbank


Mpr february 100210
Figure B4. Wage increases and wage increases the level of the nominal repo rate in 5 years.agreed at union level in Sweden during the period Q1 1993-Q4 2012 Annual percentage change

Sources: National Mediation Office, Statistics Sweden and the Riksbank

Note. Broken lines represent the Riksbank's forecast.


Table a1 repo rate forecast per cent quarterly average values
Table A1. Repo rate forecast the level of the nominal repo rate in 5 years.Per cent, quarterly average values

Source: The Riksbank


Table a2 inflation annual average annual percentage change
Table A2. Inflation, annual average the level of the nominal repo rate in 5 years.Annual percentage change

Sources: Statistics Sweden and the Riksbank


Table a3 inflation 12 month average annual percentage change
Table A3. Inflation the level of the nominal repo rate in 5 years.12-month average annual percentage change

Sources: Statistics Sweden and the Riksbank


Table a4 summary of financial forecasts annual average per cent unless otherwise specified
Table A4. Summary of financial forecasts the level of the nominal repo rate in 5 years.Annual average, per cent, unless otherwise specified

Sources: Statistics Sweden and the Riksbank


Table a5 international conditions annual average per cent unless otherwise specified
Table A5. International conditions the level of the nominal repo rate in 5 years.Annual average, per cent, unless otherwise specified

Sources: Eurostat, IMF, Intercontinental Exchange, OECD and the Riksbank


Table a6 gdp by expenditure annual average per cent unless otherwise specified
Table A6. GDP by expenditure the level of the nominal repo rate in 5 years.Annual average, per cent, unless otherwise specified

*Contribution to GDP growth, percentage points

Sources: Statistics Sweden and the Riksbank


Table a7 production and employment annual average per cent unless otherwise specified
Table A7. Production and employment the level of the nominal repo rate in 5 years.Annual average, per cent, unless otherwise specified

* Per cent of labour force

Sources: Employment Service, Statistics Sweden and the Riksbank


Mpr february 100210
Table A8. Wages and unit labour cost for the economy as a whole Annual percentage change, calendar-adjusted data

Sources: National Mediation Office, Statistics Sweden and the Riksbank


Mpr february 100210
Table A9. Alternative scenario with higher wages, annual average Annual percentage change unless otherwise specified

Note. Main scenario’s forecast within brackets.Sources: Statistics Sweden and the Riksbank


Mpr february 100210
Table A10. Alternative scenario with lower wages, annual average Annual percentage change unless otherwise specified

Note. Main scenario’s forecast within brackets.Sources: Statistics Sweden and the Riksbank


Mpr february 100210
Table A11. Alternative scenario with higher long-term labour supply, annual averageAnnual percentage change unless otherwise specified

Note. Main scenario’s forecast within brackets.Sources: Statistics Sweden and the Riksbank


Mpr february 100210
Table A12. Alternative scenario with weaker exchange rate, annual average Annual percentage change unless otherwise specified

Note. Main scenario’s forecast within brackets.Sources: Statistics Sweden and the Riksbank


Mpr february 100210
Table A13. Alternative scenario with higher repo rate, annual average Annual percentage change unless otherwise specified

Note. Main scenario’s forecast within brackets.Sources: Statistics Sweden and the Riksbank


Mpr february 100210
Table A14. Alternative scenario with lower repo rate, annual average Annual percentage change unless otherwise specified

Note. Main scenario’s forecast within brackets.Sources: Statistics Sweden and the Riksbank