New data CPI (Jan)
2/6/2025
actual 1, previous 0.8
The event is the Consumer Price Index (CPI) for January in Sweden. The actual CPI value reported is 1%, which is higher than the previous value of 0.8%. This indicates a 0.2% increase from the previous month. The market estimate was 0.5%, so the actual value of 1% is higher than expected.The CPI is an important indicator of inflation and is closely watched by economists and investors. In this case, a higher-than-expected CPI could potentially lead to concerns about rising inflation in Sweden, which may have implications for monetary policy decisions by the central bank.
Overall, this event is considered to have a medium impact on the Swedish economy and the SEK currency.
This is not investment advice. Remember to verify the information provided here.
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