Nordic & Swiss Economics

Nordic & Swiss Economics

Nordic & Swiss Chart Book

14 July, 2017

Inflation pressures limited apart from in Sweden

The latest inflation data for June suggest that underlying price pressures remain subdued in Switzerland and Norway, but continue to build in Sweden. In Switzerland, core inflation, which excludes fresh and seasonal products as well as energy and fuels, was unchanged at just 0.2%. And in Norway, the Norges Bank’s preferred measure of inflation, CPI-ATE (which excludes energy prices and the direct effect of tax changes), was also unchanged, at 1.6%. In both of these countries, despite a pick-up

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