Presentation is loading. Please wait.

Presentation is loading. Please wait.

Monetary Policy Update September 2011

Similar presentations


Presentation on theme: "Monetary Policy Update September 2011"— Presentation transcript:

1 Monetary Policy Update September 2011

2 Repo-rate increases postponed

3 Turbulence in the financial markets
Stock market index, 3 January 2006 = 100 Source: Reuters EcoWin

4 Major problems with public finances
Public debt as percentage of GDP Source: IMF WEO April 2011

5 Declining confidence abroad
Purchasing managers’ index, manufacturing industry, seasonally-adjusted data Source: Markit Economics

6 Global growth holding up
GDP, annual percentage change Sources: Bureau of Economic Analysis, Eurostat and the Riksbank

7 Cautious Swedish households and companies
Confidence indicators for households and the total business sector, net figures, seasonally-adjusted data Source: NIER

8 Slower Swedish growth in the short term
GDP, quarterly percentage change as an annual rate, seasonally-adjusted data Sources: Statistics Sweden and the Riksbank

9 Slow improvement in the labour market
Unemployment, percentage of labour force, seasonally-adjusted data Sources: Statistics Sweden and the Riksbank

10 Wage increases compatible with the inflation target
Nominal wages, annual percentage change Sources: National Mediation Office, Statistics Sweden and the Riksbank

11 Low inflationary pressures
Annual percentage change Sources: Statistics Sweden and the Riksbank

12 Lower repo-rate path Repo rate, per cent, quarterly mean values
Source: The Riksbank

13 A forecast not a promise
Repo rate, per cent, quarterly mean values Source: The Riksbank

14 Repo-rate increases postponed


Download ppt "Monetary Policy Update September 2011"

Similar presentations


Ads by Google