Europe Economics Update Sweden’s inflation rate to fall sharply in 2026 CPIF inflation is set to fall temporarily to around 1% in 2026, largely due to the impact of cuts to VAT on food and taxes on electricity. But the Riksbank is unlikely to cut its policy rate further... 6th November 2025 · 3 mins read
Europe Rapid Response Riksbank Policy Announcement (November 2025) While the Riksbank left its policy rate at 1.75% and its forward guidance unchanged today, the economic data have improved significantly over the past few months and have given us greater confidence... 5th November 2025 · 3 mins read
Europe Economics Update Riksbank on hold over coming quarters The Riksbank will keep the policy rate at 1.75% next week and, despite the recent strong economic data, will continue to say that the policy rate will stay at its current level “for some time to come... 29th October 2025 · 4 mins read
Europe Rapid Response Sweden CPI (September) CPIF inflation edged down in September and is likely to fall much more significantly next year – to around just 1%. Despite that, we think the Riksbank will leave its policy rate on hold for the next... 8th October 2025 · 1 min read
Europe Rapid Response Riksbank Policy Announcement (September 2025) The Riksbank cut its policy rate by 25bp to 1.75% today but signalled that this is the end of the loosening cycle. We think rates will now remain on hold until late next year, at which point we have... 23rd September 2025 · 2 mins read
Europe Economics Update Riksbank to follow ECB and keep rates on hold The Riksbank will keep its policy rate at 2% next week as recent economic data has been stronger than expected, reducing the need for further loosening. While the risks are towards are a further cut... 16th September 2025 · 5 mins read
Europe Economics Update Revisiting our Sweden GDP forecast Despite the strong rebound in Q2, Sweden’s economy has fared worse so far this year than many expected. We now forecast it to grow only moderately over the remainder of the year, before returning to... 3rd September 2025 · 4 mins read
Europe Rapid Response Riksbank Policy Announcement (August 2025) The Riksbank left its policy rate unchanged today, judging that the recent deterioration in the economy does not require a policy response. We think that the economy is likely to recover in the coming... 20th August 2025 · 2 mins read
Europe Economics Update Riksbank in no rush to cut again We think the Riksbank is likely to be in wait-and-see mode when it meets next week and will keep its policy rate at 2%. While some of the economic data were underwhelming in the second quarter, they... 13th August 2025 · 5 mins read
Europe Commercial Property Update Swedish residential property to outperform Europe again Swedish residential total returns have underperformed the European average over the past three years, but a bright rental outlook in particular means we think returns will slightly outperform Europe... 7th August 2025 · 4 mins read
Europe Rapid Response Sweden CPI (July) The increase in Sweden’s CPIF inflation rate to its highest level since the start of 2024 is likely to encourage the Riksbank’s officials to keep the policy rate on hold at their meeting later this... 7th August 2025 · 1 min read
Europe Rapid Response Sweden CPI (June) Both headline and core inflation rose in June by much more than Riksbank officials had forecast at its meeting last month, supporting our view that the Riksbank will keep the policy rate at 2% for the... 7th July 2025 · 1 min read
Europe Rapid Response Riksbank Policy Announcement (June 2025) While the Riksbank cut its policy rate by 25bp this morning and suggested there was a reasonable chance of a further cut this year, the outlook is uncertain and underlying economic conditions aren’t... 18th June 2025 · 2 mins read
Europe Economics Update Riksbank likely to wait for uncertainty to clear On balance, we think the Riksbank is likely to wait until its August meeting before cutting interest rates again in order to get greater clarity on the outlook for the economy. After a 25bp cut in... 11th June 2025 · 3 mins read
Europe Chart Pack Europe Chart Pack (Jun. 2025) Euro-zone GDP rose strongly in Q1 but the economy will struggle in the rest of this year as tariff front-running ends and higher US tariffs start to weigh more heavily on activity. Increased defence... 10th June 2025 · 1 min read
Europe Chart Pack Europe Chart Pack (May. 2025) Euro-zone GDP expanded at a decent pace in Q1 but that was partly due to temporary tariff front-running effects. And while higher defence and infrastructure spending will support euro-zone GDP growth... 9th May 2025 · 1 min read
