Swedish Oct CPI: Correction to our forecast |
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We have made quite a drastic change to our call for October CPI, revising it up from -0.2% m/m (3.6% y/y) to 0.1% m/m (3.9% y/y). This is because we have estimated mortgage costs for owner-occupied housing incorrectly. Hence, instead of a significant decline in mortgage costs, there is likely to be a marked rise in October.
Filed under: Fundamental
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