SWEDEN

摘要

The disappointing Q3 GDP contraction of -0.2% (q-o-q) in Q3 - the first GDP drop in five years - has renewed doubt on the timing of the Riksbank's first repo rate rise since 2011. At October's meeting, it forecast a 25bps increase in December or February, but another delay is possible. Household consumption fell by -1 % (q-o-q), influenced by a -10.1 % plunge in transport expenditure, partly linked to new emissions standards and higher taxes on diesel and petrol vehicles.