News

The economic situation

Deputy Governor Svante Öberg 21/08/2008 "The picture presented in July largely remains unchanged; with lower growth and high inflation. But GDP growth has so far this year been weaker than anticipated. Inflation is at its highest level since the mid-1990s. However, oil and other commodity prices have fallen. At the same time, productivity has been lower and resulted in increased wage costs", said Svante Öberg in Malmö today.   Read more

How do house prices affect the economy?

22/08/2008 Changes in the housing market have only a small effect on inflation and GDP. However, the effects on monetary policy are reinforced by the fact that houses are used as collateral for mortgages. These are some of the conclusions reached by Peter Sellin and Karl Walentin in the Economic Commentary ”House prices and the economy”.  Read more

The Riksbank is not chasing inflation spectres

15/08/2008 Stefan Ingves and Irma Rosenberg respond to Ingemar Bengtsson's debate article "The Riksbank is seeing spectres" on the "Brännpunkt" page of Svenska Dagbladet newspaper.  Read more
IMF´s annual review of the Swedish economy
12/08/2008
Unanimous decision by the Executive Board to increase the repo rate, but disagreement about the repo rate path
16/07/2008
Financial market statistics including money supply, May 2008. Press release on Statistics Sweden’s website
30/06/2008
News archive 
CALENDAR
26/08/2008 13:00

Executive board meeting

29/08/2008 13:00

General Council meeting

03/09/2008 09:00

Executive Board monetary policy meeting, No 4


See entire calendar
Key figures
THE RIKSBANK'S INFLATION TARGET
2.0%
The target has applied since 1995

Read more about the inflation target

INFLATION IN JULY 2008
4.4%
Next CPI will be published on Tuesday 9th September at 09.30 a.m.

Read more about the current inflation rate

Link to Statistics Sweden, SCB

THE REPO RATE
4.50%
Applies from Wednesday, 9 July 2008. Next monetary policy meeting will be 3 September 2008.

Press Release

Minutes of the Executive Board´s monetary policy meeting

Table, repo rate

MONETARY POLICY REPORT
The next Monetary Policy Report will be published on 23 October 2008

Monetary Policy Report

The Riksbank

Sveriges Riksbank is Sweden’s central bank and a public authority under the Riksdag, the Swedish parliament.  The Riksbank is responsible for conducting monetary policy, the objective of which is to maintain a low and stable level of inflation. The Bank also has the task of ensuring that payments in the economy can be made safely and efficiently.

Picture on a diagram
Economic commentaries: Real interest rates in Sweden by Björn Lagerwall In daily news reporting, the term interest rate almost always refers to the nominal interest rate. However, the real interest rate is more relevant to consumption and investment decisions. This economic commentary aims to describe the real interest rate concept and illustrate developments in Sweden in recent years. The real repo rate is also illustrated, both the outcome and the Riksbank’s forecast. In conclusion, the historical development of short-term real interest rates in Sweden is discussed. Read more
Picture of the building
Guided tour of the building At Brunkebergstorg 11, in the heart of Stockholm, lies the Riksbank building clad in black granite. The building, designed by architect Peter Celsing, was inaugurated on 8 April 1976. Read more