Sweden’s Finance Ministry raised its forecast for inflation this year to a level exceeding the central bank’s target, suggesting a tougher balancing act for the Riksbank in its efforts to help the largest Nordic economy to exit near-stagnation.
The CPIF inflation, measuring annual price increase with a fixed interest rate, is expected at 2.5% in 2025, up from the December forecast of 2%, according to the new economic outlook by the ministry, published on Wednesday.
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