Weaker than Reuter’s median forecast of flat.

Riksbank’s Ingves speaking at parliamentary committee in Stockholm

  • Sweden sentiment has been hit by euro crisis
  • Doesn’t see current downturn as deep as in financial crisis
  • Sweden has seen notable fall off in exports
  • Sees positive signs on financial markets
  • US seems to be moving towards greater stability
  • Sees slightly stronger krona ahead
  • Key rate likely low for a period ahead
  • Sweden rates still largely track repo rate