Trade The World
Sweden’s CPIF inflation surprises above expectations – ING
By FXStreet Insights Team
Date Published: 6 Nov 2025 | Date Modified: 6 Nov 2025
POPULAR ARTICLES
Sweden’s October CPIF inflation came in hotter than expected, reinforcing the Riksbank’s cautious stance on further rate cuts, ING's FX analyst Francesco Pesole notes.
Sweden’s October CPIF inflation came in hotter than expected, reinforcing the Riksbank’s cautious stance on further rate cuts, ING's FX analyst Francesco Pesole notes.
EUR/SEK reaction muted as markets adjust slowly
"In Sweden, CPIF inflation for October came in a bit hotter than expected at 3.1%, with core also slightly above consensus at 2.8%. This broadly endorses the Riksbank's unchanged message yesterday: the bar for another cut is high."
"The EUR/SEK reaction has been small as markets were pricing in little to no chance of more cuts ahead. Anyway, the data modestly reinforces our bearish EUR/SEK view. We are now targeting a return to 10.90 in the near term."
FXStreet
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
