Inflation data package from Sweden for December:
- CPI MoM Actual 0.7% (Forecast 0.6%, Previous 0.3%)
- CPI YoY Actual 4.4% (Forecast 4.3%, Previous 5.8%)
Inflation data came out slightly higher than analysts' expectations. In the initial reaction after the publication, EURSEK weakens, but moments later the declines are erased.
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Source: xStation 5
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