Sweden's inflation shows positive momentum

Sweden's economy is performing well, and growth has not been a problem. There was a low inflation, way below their central bank's target for years together. The CPI was averaging 0.8% in last 5 years, while CPIF was averaging 1.0% in same period of time.

Sweden's inflation is below the target but it shows a positive momentum in the future, as seen in the chart.

"Now, however, even inflation has shown positive signs of responding to the Riksbank's extraordinary measures, although admittedly due in large part to the weaker exchange rate", states Bank of America in a research note.