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SWEDEN GOVT PRESENTS ECONOMIC FORECASTS ALONGSIDE BUDGET
SWEDEN (OCT) Household Consumption MOM ACTUAL: 1.2% VS 1.1% PREVIOUS
SWEDEN (OCT) Household Consumption YoY ACTUAL: 3.3% VS 3.% PREVIOUS
Sweden Household Consumption (M/M) Oct: 1.2% (prev 1.1%)
- Household Consumption (Y/Y): 3.3% (prev 3.5%)
Sweden Industrial Orders NSA (Y/Y) Sep: 8.4% (prev 5.1%)
- Industrial Orders (M/M): 1.8% (prev 2.0%)
- Private Sector Production (Y/Y): 1.1% (prev 3.8%; prev R 3.7%)
- Private Sector Production (M/M): -0.5% (prev 0.5%)
- Industry Production Value (Y/Y): -3.7% (prev 5.8%)
- Service Production Value (Y/Y): 3.1% (prev 3.4%; prevR 3.3%)
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Sweden’s Social Democrat leader Magdalena Andersson said she is seeking to build a government with two allies after one of them signaled it could consider leaving her four-party center-left bloc
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Sweden Budget Balance (SEK) Oct: -14.5B (prev-23.0B)
SWEDEN (OCT) BUDGET BALANCE ACTUAL: -14.5B VS -23.0B PREVIOUS
Sweden’s core inflation rate unexpectedly slowed to its weakest pace in six months, denting arguments for further interest-rate hikes over the months ahead
SWEDEN (OCT) CPIF EXCL. ENERGY YOY ACTUAL: 0.1% VS 0.5% PREVIOUS;EST 0.5%