A post by @FirstSquawk on X.
SWEDEN (OCT) CPIF EXCL. ENERGY MOM ACTUAL: -0.2% VS 0.1% PREVIOUS;EST 0.2%
@FirstSquawk on X
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Sweden's CPIF excluding energy fell 0.2% month-over-month in October, missing the 0.2% estimate and reversing the prior 0.1% gain. The downside surprise marks a sharp deceleration in underlying price pressures for the month. The reading matters as an input into the Riksbank's policy deliberations, with softer core momentum potentially easing pressure for further tightening. Watch upcoming CPIF prints and Riksbank commentary for confirmation of whether October's weakness is a one-off or the start of a disinflationary trend.
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