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November 17, 2023
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Sweden Unemployment Rate 7.4% (consensus 7.9) in Oct-23

- Sweden's unemployment rate in October 2023 decreased to 7.4%, bullishly surprising the consensus expectation of 7.9% and reaching its lowest level since July 2023.
- Despite the positive trend in the unemployment rate, other economic indicators, such as declining retail sales and contraction in the PMI readings, point to underlying weaknesses in the Swedish economy.

November 14, 2023
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Sweden CPI Inflation 6.5% y-o-y (consensus 6.7) in Oct-23

- Sweden's CPI inflation stood at 6.5% y-o-y in October 2023, undershooting the consensus forecast of 6.7%.
- The CPIF inflation measure recorded 4.2% y-o-y in the same period, slightly below the consensus forecast of 4.3%.

October 20, 2023
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Sweden Unemployment Rate 7.7% in Sep-23

- Sweden's unemployment rate remained unchanged at 7.7% in September 2023, indicating stability in the labor market.
- However, the current unemployment rate is slightly higher than the one-year average.

October 13, 2023
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Sweden CPI Inflation 6.5% y-o-y (consensus 6.3%) in Sep-23

- Sweden's CPI inflation rate for September 2023 registered a significant slowdown to 6.5% year-on-year, marking the lowest growth since April 2022, but was 0.1pp above the consensus.
- The CPI inflation rate falls 3.65 percentage points below the one-year average while remaining slightly above the long-run average by 0.04 percentage points. The CPIF inflation rate stands at 4.0% year-on-year, indicating excessive underlying price growth.

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